Occupy the SEC still has some concerns with the final version, but at least know they were heard.
"I’m not confident this will be working 10 or 15 years from now," Sen. Jeff Merkley admits. "That depends very much on the folks who are working as regulators."
The stock market was down today. But two of the Wall Street firms most affected by new rules banning trading were up.
New rules for the signature financial reform provision are out Tuesday. Here's what you should know.
The tricky part for regulators is figuring out how to tell the difference between “proprietary trading” and other legal activities.
"The 1970s delivered two important messages. First, we can’t get a permanent reduction in unemployment by inflating. It doesn’t work. And second, we’ve got to worry about inflation even with unemployed resources. Waiting until we see a clear and present danger is too late."
Policies like the Volcker rule that crack down on bank trading will disproportionately affect big banks.