According to The Wall Street Journal, regulators are expected to receive a final draft of the Volcker rule as early as this week, with a possible vote on the regulation next month.
The rule, intended to prevent banks from making risky bets with their own money, has taken far longer to complete than originally intended and regulators have missed several deadlines since initially proposing the regulation in 2011. The effort has been complicated by the complex nature of the rule and the inclusion of five different regulatory agencies, including as many as 22 individuals who must sign off on the final version.
