(Reuters)

As the February 13 deadline for the submission of comment letters approaches, a split is beginning to develop among the various interest groups over what the revised of the "Volcker Rule" should look like.  The differences of opinion over the best approach to ensure that the ban on proprietary trades does not also capture "market making" or portfolio hedging, with one camp advocating giving regulators more discretion while another is pushing for a "bright line" distinction between the two.  (Read the full story here.)