Officials raise concerns about implementing Volcker rule:

01/18/2012 | New York Times (tiered subscription model), The

Regulators told a House committee that the Volcker rule proposal is difficult to interpret and could reduce Wall Street banks' revenue. "One of the more difficult tasks in implementing the statutory prohibitions is distinguishing between prohibited proprietary trading activities and permissible market-making activities," said Daniel K. Tarullo, a Federal Reserve governor.

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