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Regulators move to approve Volcker Rule for banks after three-year wait

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Federal regulators moved Tuesday morning to approve a final draft of a long-awaited provision of the Dodd-Frank financial reform law that would limit banks from making speculative bets for their own profit and from running hedge funds. Dubbed the "Volcker Rule" after former Federal Reserve chairman and prominent financial reform advocate Paul Volcker, the measure has been at the rule-writing...

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