Monday, February 13, 2012

Volcker to Push Back on Banks' Trading

This article talks about the role of the Volcker Rule which limits proprietary trading of Banks and how comment letters are being submitted on each side of the proposed new regulation. Regulation of financial markets have over the last thirty years been trending more towards deregulation but after the crisis of 2008 the Dodd-Frank bill is the frist step to add relegation back into the market. Nearly four years later many regulations have not been implemented this shows how difficult the regulatory climate is and how it is very tough for the government to be effective.

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