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Volcker Rule May Work, Even if Rules Are Vague

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The Financial Stability Oversight Council puts out a study and recommendations on the Volcker Rule that will serve as a guide to drafting the rules for implementing it. The overall tone of the report is that regulators must be vigilant for ways in which banks may try to evade the rule. Mr Volcker said after reading the report that it is clear and straightforward in its effort to let banks know that you cannot hide proprietary trading in other activities.

Volcker's advice on the writing of regulatory reform

07/09/2010

He advises writing broad rules that are harder for banks to circumvent.

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Volcker Plans to Restore Faith in Government

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Volcker Rule to Curb Bank Trading Proves Hard to Write

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Paul Volcker Pushes for Reform, and Regrets His Past Silence

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The Volcker Rule on Bank Risks Approaches Its Final Edits

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Regulators Set to Approve Toughened 'Volcker Rule'

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The Volcker Rule in 2011-2012 - implementation of the spirit of the Volcker Rule

07/09/2010

A drafting of the Volcker Rule to ensure compliance to the ideas that motivated former Fed chairman Volcker to suggest the rule.

Grouped Articles

Volcker Plans to Restore Faith in Government

New York Times 05/29/2013

Volcker Rule to Curb Bank Trading Proves Hard to Write

Wall Street Journal 09/10/2013

Paul Volcker Pushes for Reform, and Regrets His Past Silence

New York Times 07/09/2010

The Volcker Rule on Bank Risks Approaches Its Final Edits

New York Times 12/03/2013

Regulators Set to Approve Toughened 'Volcker Rule'

Wall Street Journal 12/04/2013

Wake Up the Banking Police

New York Times 12/14/2013


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