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.
  • 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  • Much like Glass-Steagall, which was repealed in 1999, the Volcker Rule draws a new line in banking but it's more exhaustive in some ways.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.