Saturday, March 2, 2013

Occupy the SEC sues the government over 'Volcker Rule'.(VIDEO)







Since 2008, the US has been recovering from the financial crash brought on by Wall Street, and in 2010 the financial reform bill known as Dodd-Frank was proposed to restrain banks from participating in risky trading.

As regulators debate over the details of the bill, many lawmakers are making a push to eliminate the legislation all together.

But a spin off of the Occupy Wall Street movement known as Occupy the SEC has filed a lawsuit against the government to expedite the process.

Eric Taylor, a member of Occupy the SEC, joins us to discuss why the lawsuit was filed and explains how the Volcker Rule passing is vital.




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