The Volcker Rule: Mission Impossible

American Banker
February 24, 2014

Politicians have given a lot of attention to the Volcker Rule in testimonies to the House and Senate in early February and even in Federal Reserve Chair Janet Yellen’s first semi-annual monetary policy report to Congress. Not a single politician, however, has asked recently whether any bank is ready in the near future to implement the Volcker Rule and whether the regulators, each with their distinct mandate, will be able to adequately supervise and enforce it…Read More

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