Comment Text:
My comment is probably going to be one of the simpler ones here, because I believe that the intent behind the Volker rule has a simple foundation: the removal of conflicts of interest (which tend to play a tremendous part of any financial crisis as loopholes in existing rules are abused, but especially in this last one where "loophole" actually translated to "business as usual.").
Why it would be considered a good idea from a regulatory point of view to allow the linkage of a business model explicitly designed to exploit risk and a business model designed to minimize it, and pretend that this would not impact both kinds of customers is baffling to me. Please work to insure that this principle of the Volker rule is enforced, and enforced well.
