The Volcker Rule in particular is designed to restrict U.S. banks from making certain kinds of speculative investments that do not benefit their customers, often referred as proprietary trading. The rule has yet to be finalized, but during its comment phase has received numerous comments and suggestions.
This thought leadership piece provides a synopsis of some of the key issues and themes that have emerged following a detailed examination of the formal responses from a wide range of investment banks, industry associations and other influential players.