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Despite Some Easing, Volcker Will Pose Challenges For Banks

Law360, New York (December 10, 2013, 9:25 PM EST) -- Although regulators made some concessions, the final version of the Volcker Rule released Tuesday doesn't give banks much leeway when it comes to compliance, financial reform advocates and attorneys say.

Regulators on Tuesday released a final version of the Volcker Rule that they say should prevent banned proprietary trading without hampering markets — a tough task, given the broad legislative mandate Congress gave them in the 2010 Dodd-Frank Act.

The five regulators — the Federal Reserve, the Federal Deposit Insurance Corp., the Office of the Comptroller...
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