الخميس, 31 أيار 2018 08:35

The Great Volcker Rule Easing Has Begun

Written by
Rate this item
(0 votes)

(New York)

In what could be a big gain for banks, US regulators are poised to roll back parts of the dreaded Volcker rule, or the Dodd-Frank regulation that virtually ended proprietary trading on Wall Street. One of the big points of loosening is that it will no longer be assumed that if a position is held for less than 60 days that it is a violation of the rule. Banks will also be able to demonstrate that they are market-making rather than proprietary trading much more simply.


FINSUM: Banks have long complained that the Volcker Rule meant they could not provide as much fixed income liquidity to markets as they once did. That should change now, theoretically.

Contact Us

Newsletter

اشترك

Subscribe to our daily newsletter

Top