SEC adopts Volcker Rule - Bloomberg

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FDIC Votes to Adopt Volcker Rule; Will Aim to Stem 'Risky' Trading at Banks (C) (JPM) (BAC)

December 10, 2013 11:02 AM EST

The Federal Deposit Insurance Corp. (FDIC) voted to approved the Volcker rule, according to headlines hitting the wires Tuesday.

The 5 - 0 voted by the FDIC will implement a rule on banks which bans proprietary trading, but allows for trading on behalf of customer, otherwise known as market... More