Volcker ... Finally

Receiving Wide Coverage ...

Final Lap for Volcker Rule? A final version of the Volcker Rule, arguably the most controversial element of the Dodd-Frank Act, is expected to be approved by the five U.S. federal banking regulatory agencies today. The law is meant to prevent banks from engaging in risky trading for their own accounts, considered a factor in the downfall of some Wall Street firms in 2008. (A more modern example is JPMorgan Chase's London...