Volcker Rule - Comment Letter - Goldman Sachs - February 13, 2012
February 13, 2012
From the comment letter:
"It is [clear] that Congress did not intend the Volcker Rule to inhibit banking entities from lending, undermine their asset management businesses or disrupt their ordinary-course operations. Yet, we believe that certain aspects of the Proposed Rule do adversely affect these core activities without generating any appreciable benefits to the safety and soundness of the financial system."