Rules are pointless if they are not enforced

This op-ed in The New York Times touts the "Volcker Rule", which is supposed to curb reckless behavior by banking institutions:

http://www.nytimes.com/2013/12/13/opinion/finally-the-volcker-rule.html

Is this a sick joke, or what? It was the complete failure of the federal government to enforce existing rules that led to and/or exacerbated the current financial crisis. The big banks appear to be breaking every rule in the book, and the feds have done NOTHING. How many bankgangsters have been prosecuted? NONE.

If you want a "new" rule, reinstate and enforce the Glass-Steagall Act. It never should have been repealed in the first place.

http://larouchepac.com/glass-steagall

I don't normally follow LaRouche, but he's right on this issue.