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Preferred term

volcker plan  

Definition

  • The Volcker Plan, or the Volcker Rule, is a section of the Dodd-Frank Wall Street Reform and Consumer Protection Act that was signed into law on July 21, 2010. The rule was designed to prevent banks from speculating with customer funds in ways that benefited only the banks themselves. [Source: Encyclopedia of White-Collar and Corporate Crime; Volcker Plan]

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https://concepts.sagepub.com/social-science/concept/volcker_plan

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