Define what is meant by the Volker Rule.

The Volker Rule is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. It was designed to reduce risk in the Banking Industry and will have an impact on banking activities. In this assignment: Define what is meant by the Volker Rule Explain the rationale behind the Volker Rule. What activities and issues was it meant to address to reduce risk in the financial system. What are some of the potential benefits of implementing the Volker Rule. Describe some of the potential costs or problems in implementing the Volker Rule. You do not need to have citations, but a bibliography of your reference sources should be included.

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