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Rhetoric heats up around Volcker Rule in wake of JPMorgan losses
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Banking, Volcker Rule
Wednesday, May 16, 2012
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Political rhetoric is heating up around last week’s JPMorgan Chase & Co. announcement concerning $2 billion in derivatives trading losses, as regulators move closer to finalizing the Volcker Rule regulations. Regulators and lawmakers are promising a closer look at the events that led to the losses. Read on for the details.
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