Summary: Last week, U.S. banking regulators issued the 900-page Volcker Rule. The rule, long under consideration, is designed to limit proprietary trading - investment banks’ speculative trading for their own gains and their participation in hedge funds. Our experts debated the scope of the Volcker Rule, and its anticipated benefits and drawbacks. -- Featuring: Timothy E. Keehan, Vice President & Senior Counsel, Center for Securities, Trust and Investments, American Bankers Association and Dr. Marcus Stanley, Policy Director, Americans for Financial Reform. Moderator: Dean Reuter, Vice President and Director of Practice Groups, The Federalist Society.
