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Presidential candidate Michael Bloomberg. (Photo: Bloomberg News)

Presidential candidate Michael Bloomberg would restore the Labor Department’s now-defunct fiduciary rule as well as institute a .01 percent financial transaction tax, according to his just-released financial reform policy.

The three-term New York City mayor would also beef up the Volcker Rule and the Consumer Financial Protection Bureau (CFPB), as well as “accelerate” the creation of the Consolidated Audit Trail, or CAT.

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