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Reform of big banks reaches a milestone

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Three years after the passage of the landmark Dodd-Frank financial reform law, regulators are rushing to finish writing the rules for one of its key provisions: the Volcker Rule. Named for revered former Federal Reserve Chairman Paul Volcker, who tamed inflation in the 1980s and pushed for the Dodd-Frank reforms, the rule would restrict investment banks from engaging in speculative trading on...

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