Home Tags Volcker Rule
Tag: Volcker Rule
Trump wants to roll back banking regulations meant to prevent the type of risky behavior that crashed markets a decade ago
President Donald Trump and his administration is expected to scale back provisions of the Volcker Rule, which is designed to combat exorbitant risk-taking by banks. Some market experts are concerned about this, since bank behavior majorly contributed to the last financial crisis.
2016 will go down as the Year of the Unexpected, as Brexit, Trump and the Chicago Cubs upended “likely outcomes.”
A Fed staff paper suggests that the Volcker rule, which limits proprietary trading by banks, has had a negative effect on bond market liquidity.