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SEC Chair Mary Schapiro (AP Photo/Harry Hamburg)

NU Online News Service, March 8, 2:30 p.m. EST

The Securities and Exchange Commission is considering giving insurers a broad exemption from the Volcker Rule, that section of the Dodd-Frank Wall Street Reform and Consumer Protection Act which restricts financial institutions from engaging in certain kinds of speculative investing. The rule is scheduled to be implemented on July 21, 2012.

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