The Volcker revamp was a small victory in a wider war

When the updated version of the Volcker rule landed last week, all of Wall Street had something to say about it. Among bankers, investors, lobbyists, lawyers and analysts, there were normal differences of opinion. The Volcker rule was designed to prevent banks that enjoy Federal guarantees from gambling with depositors’ money.

source https://finance.yahoo.com/m/7fdc5483-4707-383c-81ab-acfaff176145/the-volcker-revamp-was-a.html?.tsrc=rss

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