NEWS FLASH

Regulators Likely To Delay Implementing Rule Reining In Risky Bank Trading | As we’ve noted, Wall Street banks have been fighting implementation of the Volcker rule — which is meant to rein in Wall Street’s riskiest trading practices — and according to the Financial Times, they’re going to get at least a bit of a reprieve, as “the Fed probably will not have the rule in effect by its congressionally-mandated start date in July.” So far, regulators have missed about three-fourths of the rule-writing deadlines laid out in the Dodd-Frank financial reform law.