Instituted as a transparency remedy following the banking meltdown in 2008, the Volcker rule sought to prohibit banks from engaging in business or investment practices that could not be monitored by the bank regulators, such as trading in proprietary accounts. The rule also seeks to eliminate conflicts of interests by preventing banks from engaging with clients as both a creditor and a financial advisor.
Related information about Volcker rule:
- Volcker Rule - Wikipedia, the free encyclopedia
The Volcker Rule is a specific section of the Dodd–Frank Wall Street Reform and Consumer Protection Act originally proposed by American economist and ...
- Volcker Rule Definition | Investopedia
Trading restrictions placed on financial institutions. The Volcker rule separates investment banking, private equity and proprietary trading (hedge fund) sections ...
- see “The Volcker Rule.”
The “Volcker Rule”1 prohibits an insured depository institution and its affiliates from: ... The Volcker Rule would apply to proprietary trading and fund activities by ...
- Q & A: The Volcker Rule - WSJ.com
Jun 13, 2012 ... The Volcker rule effectively bans what's called proprietary trading—when a bank invests its own funds in order to make a profit—at institutions ...
- What You Need to Know About the Volcker Rule - My Money ...
Jul 13, 2012 ... This section of the 2010 Dodd-Frank bill was scheduled to go into effect in two weeks.
- Senators call for an end to Volcker rule delay - The Washington Post
Oct 25, 2012 ... Democratic lawmakers criticize regulators for taking too long to finalize the Volcker Rule, which restricts banks from making risky investments ...
- Volcker Rule - The New York Times
May 10, 2012 ... News about Volcker Rule. Commentary and archival information about Volcker Rule from The New York Times.
- Lawmakers Seek Urgency in Volcker Rule - NYTimes.com
Oct 25, 2012 ... While regulators hope to finalize the Volcker Rule by the end of the year, Senators Carl Levin and Jeff Merkley argue in a letter that some ...