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Tuesday, May 15, 2012

Regulators To Discuss Volcker Rule Final Language

According to a Reuters article, regulators will be meeting today to discuss the final language of the Volcker rule.

The Volcker rule, mandated by the Dodd-Frank Act, restricts banks from making speculative bets, but includes an exemption for trades done to hedge risk. Regulators have struggled since releasing the proposed Volcker Rule in October to define the hedging exemption.

Read the full Reuters article in the twitter feed on the right of the Dodd-Frank Tracker homepage.

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