Volker Rule Revised Fueling Proprietary Trading?

Generally across all Investment Banks, which trading desks tend to have more proprietary trading activity than others?

Provision easing Volker Rule put forth by the fed in January this year appears to benefit prop trading among securitize products. Would anyone care to share with me their views on this? Feasibility of this deregulation and expected time frame towards completion. Should this be something to take into consideration when deciding full-time desk placements? How big of an impact will this have on securitized products?

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