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Breaking Down the Volcker Rule’s Impact on Banks

March 24, 2014

Although detractors may have something to say about it, the Volcker rule did actually affect the way that banks do business in a very big way. This report will take you through a short history of the Volcker rule and its immediate impact on the banking structure as it functions today. We will then explain the basics of what exactly the Volcker rule states that its purpose is in writing, regardless of the political spin with which its protectors and its detractors color its affectations.