Description: U.S. regulators made a few identifiable changes to the Volcker rule they approved yesterday after two years of lobbying and negotiation. One is the addition of the word “identifiable.”

Source: Bloomberg.com – video report

Date: Dec 10, 2013

Link: http://www.bloomberg.com/news/2013-12-11/volcker-rule-got-tougher-on-hedges-softer-on-trader-pay.html

Questions for Discussions:

• Explain the Volker Rule.
• What impact do you think it will have?