id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-7221	Schiff, Jordan 	The Volcker Rule in Practice: Its Impact, Reception, And Evolving Profile	2020	58	.pdf	application/pdf	20554	824	46	VOLCKER RULE IN PRACTICE 789 available data reveals that the pro-Volcker perspective was not represented in meetings with administrative agencies, fa- cially evidencing a disproportionate lobbying influence of fi- nancial companies in the Rule’s regulatory development.202 On the whole, the data from both private agency meetings and the public comment forums suggests a glaring if not un- surprising imbalance: members of the business community tend to be both in favor of Volcker Rule rollbacks and far bet- ter-positioned than the general public to offer substantive feedback promoting their regulatory interests. 209 Popular input concerning the Rule’s merits and if or how it ought to be changed tends to come, by and large, from unsurprising sources and break down along predictably politicized lines.210 The roots of this partisan dialogue appear to reach beyond the financial crisis of 2008 as far back as the Glass-Steagall Act itself, and reflect differing schools of financial regulatory thought as much as political polarity and popular vitriol.211 Second, a survey of studies and articles written about the practical impact of the Volcker Rule indicates that many of the predictions made as to the prospective impact of the Rule have not yet come to fruition.212 Potentially due to reasons ranging from the immense complexities of the financial sys- tem to the dearth of relevant data on point, research findings published to date do not lend conclusive statistical support to either the fatalistic concerns of Volcker Rule opponents or the optimistic anticipations of Volcker Rule proponents.213 Third, the data examined herein indicates that Professor Krawiec’s procedural critique remains as relevant to the later stages of the Volcker Rule’s regulatory development as it has proven to be to its earlier stages.214 Driven unevenly by the influential suggestions of business community constituents rather than results-based evidence and the input of the gen- eral public, the Volcker Rule’s stilted evolutionary process ap- pears in many ways to be representative of problems that plague the enactment of American financial regulation in 209 See supra notes 175–95 and accompanying text.	cache/cblr-7221.pdf	txt/cblr-7221.txt