Will restricting proprietary trading and stricter derivatives regulation make the US financial system more stable?
Two of the major provisions of the Dodd‐Frank Wall Street Reform and Consumer Protection Act, passed into law on July 21 2010, aim to reduce speculation with financial institutions own funds using highly leveraged derivatives. The so‐called “Volcker rule” limits the ability to trade as principal in...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2011-01-01
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| Series: | PSL Quarterly Review |
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| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9410/9305 |