Subject: Comments regarding File Number S74111

February 9, 2012

I'm writing in support of a strong Volcker Rule. Many were affected by the economic collapse of 2008, and we don't want it to happen again. It shouldn't have happened in the first place!! Deregulating the banks was the worst idea Congress every had! Banks aren't impartial, they're run by people and wealthy people tend to be just as greedy as poor people, if not more so. They won't police themselves and absolutely must be policed by regulations and government oversight. This is a step in the right direction.

As you prepare the final rule, bear in mind the fundamental goal of the rule - to ban big banks from exposing consumers and taxpayers to risky proprietary trades.

Banks that break the rule should face swift, automatic penalties for violations. Violations of the Volcker Rule endanger the stability of our financial system. They should not be treated lightly.

Exemptions should only be allowed if they do not undermine this goal. If an exemption would result in exposing consumers and taxpayers to bank risk, it should be rejected.

Thank you for considering my comment,

Wendy Emlinger

El Paso, TX