Debate continues over Volcker rule

12/19/2011 | Roll Call (free content)

Regulatory proposals tend to draw comments from affected parties, but average people are contacting federal authorities who are writing new rules governing the banking industry. The Volcker rule, which would prevent major banks from engaging in proprietary trading, is a focal point. The banking industry has cautioned that the draft released in October is too stringent. "The rule as crafted is overly complex; I think everyone agrees with that," said SIFMA's Ken Bentsen. Learn more about SIFMA's position on the Volcker rule.

View Full Article in:

Roll Call (free content)

Published in Brief: