Market Risk Was a Major Problem During the Financial Crisis

Market risk was a major problem during the financial crisis that began in 2008. As a result, Congress passed the Wall Street Reform and Consumer Protection Act in 2010. Which of the following is specified by the Volcker Rule, which is included in that act?

A) Banks may not hold assets for speculation to increase their profitability.
B) Banks may not hold assets for speculation to benefit their customers.
C) Banks must submit to more frequent auditing by outside sources.
D) Banks may not hold highly speculative assets for any purpose.