Editorial: Regulators are incapable of executing Volcker rule:

02/17/2012 | Wall Street Journal, The

Paul Volcker, former chairman of the Federal Reserve, has pushed to keep Wall Street trading beyond what this editorial calls the "taxpayer safety net." The editorial argues that that is a sound idea, "[b]ut as we noted last fall, the draft rule with its hundreds of questions and thousands of ambiguities demonstrates that regulators are not capable of executing a full Volcker."

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