Why Wall Street Distracts Us With the Volcker Rule

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The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.

We're moving toward finalizing the implementation rules of the Volcker Rule (expected to be in July). The big, complex banks like Bank of America, Citigroup, and JPMorgan aren't fans of restrictions on proprietary trading (even though they'd likely get around them anyway), but the Volcker Rule in any form is a good deal more palatable to them than a resurrection of Glass-Steagall. Anand disagrees with the banks and believes common-sense restrictions are the best way to save banks from themselves. Check out the video below.

The financial heavies are getting a lot of press these days. And much of it is negative. But there's one small bank that's flying under the radar. It has some of the best operational numbers you'll ever see. The Motley Fool featured it in its brand-new free report: "The Stocks Only the Smartest Investors Are Buying." We invite you to download a free copy. To find out the name of the bank Buffett would probably be interested in if he could still invest in small banks, just click here.

At the time this article was published Anand Chokkavelu, CFA, owns shares of Bank of America, JPMorgan Chase, BAC (LEAPS), and Citigroup. The Motley Fool owns shares of Bank of America, Citigroup, and JPMorgan Chase. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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