WASHINGTON — The incoming and outgoing chairmen of the House Financial Services Committee are urging banking regulators to delay implementation of the Volcker Rule until 2015.

It's unclear when the rule, which bans proprietary trading and is named after former Federal Reserve Board Chairman Paul Volcker, will be finalized. A proposal issued last year has garnered more than 18,000 public comments and was widely derided as too complicated. Regulators have already blown past a July 2012 completion date mandated under Section 619 of the Dodd-Frank Act as they seek to figure out how to proceed.

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