Dodd-Frank Photos on Townhall

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    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:56:34 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker listens to comments during a panel discussion, on how the current financial crisis has changed the role of central banks, at the National Press Club in Washington, in this October 11, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken October 11, 2010. To match Interview VOLCKER REUTERS/Jonathan Ernst (UNITED STATES - Tags: POLITICS BUSINESS PROFILE)
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    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
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    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
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    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
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    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
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    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)
  •  - To match Interview VOLCKER

    To match Interview VOLCKER

    Posted: 5/4/2011 7:53:47 PM EST
    Former U.S. Federal Reserve Chairman Paul Volcker attends a news conference in Seoul in this November 5, 2010 file photograph. Volcker was discussing the topic of proprietary trading at a time of intense debate and lobbying on Capitol Hill related to financial reform during an interview with Reuters on Wednesday May 4, 2011. U.S. regulators are now working to formulate the final versions of several large rules that were part of 2010's Dodd-Frank financial reform law, including the Volcker rule. He does not think it will be all that hard to identify proprietary trading and suggested that big, unhedged market bets are easy to spot, as are patterns in a bank's trading book. Picture taken November 5, 2010. To match Interview VOLCKER REUTERS/Truth Leem/Files (SOUTH KOREA - Tags: BUSINESS PROFILE)