Tuesday, December 10, 2013

The Volcker Rule to restrict banks' trading

The Federal Reserve, CFTC, and SEC set to vote

The 900 plus page document is being discussed on CNBC this morning which bars most trading by banks for their own accounts and profit. :-)  Sure! 

http://www.usatoday.com/story/money/business/2013/12/08/volcker-rule-nears-vote/3890809/ 

http://en.wikipedia.org/wiki/Volcker_Rule

http://www.investopedia.com/terms/v/volcker-rule.asp 



...developing...