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Paul Hastings' Lawrence Kaplan on the Volcker Rule
June 07, 2010
Lawrence Kaplan
The Senate financial reform bill includes the so-called Volcker Rule, which could in some cases force banks to spin off their proprietary trading desks. A better idea to guard against systemic risk, says Paul, Hastings, Janofsky & Walker LLP's Lawrence Kaplan, would be to raise capital requirements.
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