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Another reform bill is now making its way through the Senate – a bill that would reregulate the financial services industry with a few goals in mind: 1)Preventing failures of large banks and financial services firms, or at least insulating taxpayers and the economy in such an emergency 2)Creating a new financial watchdog agency to protect consumers 3)Tightening regulations on derivatives 4)Banning banks from proprietary trading (with the “Volcker Rule& ...