Volcker Rule aimed at mega banks, but regionals may feel pinch
December 17, 2013 at 13:41 PM EST
Effects of the new Volcker Rule appear to be more far-reaching than previously thought. The Dodd-Frank provision that prohibits banks from engaging in proprietary trading or owning their own hedge funds will impact more than just mega banks, which derive a big chunk of revenue from portfolio hedging and other trading activities...