WASHINGTON -- The Volcker Rule may finally be out, but the process of understanding the intricacies of the complex regulation that bans the largest banks from making risky trades has only just begun.
Financial institutions and their respective lawyers are poring over the 71-page rule, in addition to the 800-plus pages of supplementary materials, to determine how they will comply with it when it will rely so heavily on examiners subjectivity.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access