Skip to main content

Newsroom

March 25, 2012

Ban Prop Trading Under Other Names: Kelleher and Jarsulic

“The Volcker rule, the part of the 2010 Dodd-Frank Act that seeks to limit the threat that big banks’ high-risk trading poses to the entire financial system, is in trouble.”

“Named after former Federal Reserve Chairman Paul Volcker, the rule requires that bank holding companies stop proprietary trading, in which they speculate with the banks’ own money. The law specifically allows certain traditional, lower-risk transactions, including market making, in which banks trade in response to customer requests.”

***

Read full Bloomberg article here.

 
In the News
Share

MEDIA REQUESTS

For media inquiries, please contact us at
press@bettermarkets.org or 202-618-6433.

Contact Us

For media inquiries, please contact press@bettermarkets.org or 202-618-6433.

To sign up for our email newsletter, please visit this page.

Name(Required)
This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact press@bettermarkets.org or 202-618-6433.

Donate

Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today