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Volcker Rule finally passed after 'long and arduous process'

But rule to curb Wall Street risk taking has exploitable grey areas
Thursday, December 12, 2013 - 06:00

[WASHINGTON] At two metres, Paul A Volcker struck an imposing figure as chairman of the Federal Reserve during the economically turbulent 1980s. But the banking rule named after him, approved on Tuesday, may not have the same sway over an unwieldy global financial system. Five years after the

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