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Volcker Offers Sweeping New Reform Ideas

Joe Mont | April 20, 2015

Volcker-paul-0415His name is synonymous with one of the most controversial rules that emerged from the Dodd-Frank Act. Now, Paul Volcker, former Federal Reserve chairman, is behind a slate of ambitious financial reform proposals that go beyond that still-evolving ban on proprietary trading by banks.

On Monday, the Volcker Alliance—a nonpartisan, nonprofit organization launched in 2013—issued a report warning that “failure to reorganize the regulatory structure will contribute to the buildup of systemic risk and make us more vulnerable to the next financial...

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