BUSINESS

December 10 Could Be A Turning Point In Wall Street History

The reflection of a trader working is seen on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S.,
The reflection of a trader working is seen on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Nov. 18, 2013. Most U.S. stocks fell after the Dow Jones Industrial Average rose above 16,000 for the first time, spurring concern that equity valuations are too high. Photographer: Jin Lee/Bloomberg via Getty Images

Wall Street banks, which already shut proprietary trading units that helped fuel record profits, are girding to learn next week how much revenue the Volcker rule may cut from the $44 billion they say comes from market-making.

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