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Federal regulators on Tuesday unveil and vote on a final version of the so-called Volcker Rule. It's part of the Dodd-Frank regulatory overhaul and prohibits banks from trading stocks, bonds and derivatives for their own accounts. Defining what the rule covers has taken years of work.
Federal regulators on Tuesday unveil and vote on a final version of the so-called Volcker Rule. It's part of the Dodd-Frank regulatory overhaul and prohibits banks from trading stocks, bonds and derivatives for their own accounts. Defining what the rule covers has taken years of work.