Wall Street relaxes due to exclusion of market-making in newly-signed Volcker Rule

The over 900 pages of preamble and regulations regarding the Volcker Rule appeared to have excluded market-making activities of Wall Street banks, said a Bloomberg report.

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Volcker rule scrutinizes proprietary trading businesses

Major banks on Wall Street are extremely anxious about the threat of the final deliberations of the Volcker rule, of which its provisions regarding the definition and exemption of market-making is set to be deliberated soon.

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