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Volcker Rule to be delayed past end of '12: report

PostPosted: Thu Nov 29, 2012 12:13 pm
by admin
Volcker Rule to be delayed past end of '12: report
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) -- The Volcker Rule won't be completed by the end of the year as previously scheduled but instead will be pushed into the first quarter of next year, CNBC reported citing sources. The rule bans banks from proprietary trading but has proven difficult for regulators to define.