Volcker urges progress on namesake trading ban
WASHINGTON (Reuters) – A fragmented regulatory landscape and obstruction by lobbyists are to blame for a lack of progress in banning banks from betting with their own money, Paul Volcker said on Monday. Volcker, a former chairman of the Federal Reserve, defended the rule that is named after him, which became law in 2010 as part of the Dodd-Frank overhaul of Wall Street to protect taxpayers from heavy bank bailouts. But five different U. S. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply