Guys, big banks just need a few more years to figure out how to add more loopholes to financial rule Esteemed Wall Street banks are on their knees asking the Fed for five more years to comply with the Volcker rule, a rule limiting what banks can do with our monies. Originally conceived as part of the 2010 Dodd-Frank bill, the Volcker Rule aimed to prevent banks from taking huge, non-disclosed gambles with their assets that might prevent them from ensuring our deposits in the small chance said Wall Street banksters weren't the smartest people in the world. You may remember all the hits from 2007 & 2008: swaps, CDOs, dong indexes (OK, we made one of those up -- BUTH WHICH???).