President Obama's new banking regulation will not be about bringing back the Glass-Steagall Act, although it will give regulators the authority to limit risky activity by banks. William Rudin vice chairman & CEO at Rudin Management, and Alan Greenberg, JP Morgan vice chairman emeritus, discuss upcoming new regulations in this CNBC video. Obama's new banking regulation will not be about bringing back the Glass-Steagall Act, although it will give regulators the authority to limit risky activity by banks. William Rudin, Rudin Mgmt. vice chairman & CEO and Alan Greenberg, JP Morgan vice chairman emeritus, discuss upcoming new regulations in this CNBC video.