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  • The Federal Deposit Insurance Corporation, the Securities and Exchange Commission and other federal agencies approved the rule, which will go into effect by July 2015 for the nation???s largest banks.Goldman Sachs increased $2.06, or 1.2 percent, to $169.73 and Morgan Stanley rose 38 cents, or 1.3 percent, to $30.77.The Volcker rule is part of the Dodd-Frank financial reform law passed in 2010 in
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