Feds Approve Volcker Rule, Bringing in New Era of Financial Regulation
“Federal regulators voted on Tuesday to approve a rule that strikes at the heart of Wall Street risk-taking, a moment that punctuates three years of internal squabbling and bank lobbying over an effort to reshape the financial landscape.” (Ben Protess and Peter Eavis, New York Times) Earlier today, the five federal agencies responsible for writing… Read more »