Occupy the SEC does not speak for OWS as a whole. But it is in good company when it comes to casting a skeptical eye on the Volcker draft.
Paul Volcker has expressed displeasure with the current proposal, which is 30 times as long as the version originally included in Dodd-Frank. And this past Wednesday, a group of 17 House Democrats issued a letter to Federal Reserve Chairman Ben Bernanke asking that the latest incarnation of the Volcker rule be thrown out and replaced with something more streamlined, calling the current version "unnecessarily complex."
Critics charge that the Volcker rule gives banks too much responsibility for self-regulation and its rules come bundled in language so vague they undermine the whole effort.
Do not let bankers write the rules!