AFR in the News: Comments Flood In on Volcker Rule
The so-called Volcker Rule has broken the record for attracting the most comment letters submitted on any Dodd-Frank proposal. Regulators have received a whopping 17,000-plus comments on the proposal, a Federal Reserve spokeswoman said. …Behind this deluge is a partnership of two consumer advocacy groups that have been active in pushing back against the banks during the Dodd-Frank rule-writing process. Public Citizen and Americans for Financial Reform used email lists and social media such as Twitter and Facebook to recruit members and others to submit comments on the Volcker Rule.