- The Volcker Rule is the legal separation between consumer banks and proprietary trading.
- Much like Glass-Steagall, which was repealed in 1999, the Volcker Rule draws a new line in banking but it's more exhaustive in some ways.
- Ultimately, the goal of the new rule is to improve resiliency without sacrificing global competition or liquidity.
- Click here to read the full post on SeekingAlpha.
Volcker Rule: It's The New Glass-Steagall
We just published a new article entitled Volcker Rule: It's The New Glass-Steagall on SeekingAlpha.
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