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Dodd puts out summary of financial reform bill

By   || March 15, 2010 at 18:04 GMT
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The Volcker rule against proprietary trading is part of the package. A council of regulators can force a company to sell holding if they are seen as too risky and the council can force non-banks to be regulated by the Fed if their activities are seen as posing systemic risk.The bill sets up a system to liquidate large firms like Lehman.

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