Final Volcker Rule Leaves Banks Facing Compliance Hurdles

The Federal Reserve Act of 1913 was 31 pages in length and the Glass-Steagall Act of 1933 was a full 37 pages.  By contrast, the Dodd-Frank Act of 2010 runs on for about 2,400 pages (not including many rules still to be written).  One of the most important elements of Dodd-Frank ? the so-called ?Volcker Rule? ?bars banks from engaging in proprietary trading, and adds another 900-plus pages to the mix.