The Bipartisan Policy Center released a plan that could offer an alternate means of regulation to the Dodd-Frank-mandated Volcker rule. According to the think tank, the Volcker rule is too complex, and the group's alternative centers on a more nuanced set of rules that differentiates between types of transactions. "You don't want to preclude legitimate activity, particularly on a large scale," said Annette Nazareth, one of the co-authors of the plan and a former member of the Securities and Exchange Commission.

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