- 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- Much like Glass-Steagall, which was repealed in 1999, the Volcker Rule draws a new line in banking but it's more exhaustive in some ways.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.
Tuesday, March 10, 2015
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.
Posted by Bryant at 11:59 AM