Mike Johanns actually said...

it is going to be very difficult for the people in the field to say, you have violated the rule or you have not violated the rule.

Johanns expressed concern about the complexity of the Volcker Rule's enforcement.

05/08/2012

More Mike Johanns Quotes

Without that, we do not know where we were at.

When will you have details about how the IRS intends to enforce the mandate?

I believe it to be beyond debate that the Congressional intent of financial regulatory reform was to protect those end users that utilize th...

The law will require approximately 50 changes to the tax code, very complicated in many respects.