Volcker is expected to fire back at critics of prop-trading rule

02/12/2012 | Wall Street Journal, The

Paul Volcker, former chairman of the Federal Reserve, is expected to file a comment letter on the rule that bears his name before Monday's deadline. Volcker is expected to argue that the ban on proprietary trading by major banks will make the financial system safer and healthier, sources said.

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Wall Street Journal, The

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