The US Senate’s obvious Volcker Rule arbitrage for trading and financing

The rationale is justifiable: reduce the regulatory burden for banks with under US$10 billion in assets. But the upshot from a US Senate bill now passed the Senate Banking Committee would allow these banks to engage in proprietary trading activities whereas large banks would still be prohibited. The arb is readily apparent for a subset of the market.
This content requires registration. Get access today by signing up here.

Related Posts

Previous Post
ARA: NYU’s excessive fee suit claims fiduciaries can’t define “securities lending”
Next Post
NY Fed’s EFFR and OBFR benchmarks in compliance with IOSCO’s principles

Related Posts

Menu
X

Reset password

Create an account