The Volcker Rule - Will It Work, Will It Last - and Who Benefits?
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More at http://www.thisisreallaw.com/hot-topics/2014/01/13/volcker-rule-will-it-work-will-it-last.html For many bankers and their legal advisors, waiting for a final Volcker Rule stemming from the Dodd-Frank financial reforms of 2010 provided ample opportunity—even unwittingly—to expect the worst in order to better prepare for the reality. Even now that the rule is finally here (sort of), after federal regulators adopted the set of sweeping changes in December 2013, important questions remain unanswered, leaving plenty of room to contemplate what lies ahead.
