"What yesterday's announcement makes abundantly clear is that even
"Moreover, it is essential that bank regulators issue rules that do not permit hedge fund investments by
"I ask, once again, that regulators implement without delay a Volcker Rule as intended by
"American families and businesses should not be subsidizing these types of risks or victimized by these types of losses. We need a wholesale change of culture at our banks and at our regulatory agencies, which is precisely what the Volcker Rule firewall is intended to create."
Read this original document at: http://www.merkley.senate.gov/newsroom/press/release/?id=14790a0a-6018-4331-af15-7d8b842c9cf8
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