BYE..BYE..BANKSTERS...NOW I SEE WHAT APRIL 1 IS THE TARGET DATE >>>>If you were wondering why the Big Banks were fighting so hard against The Volcker Rule over the past 5 years you are about to find out. As of Tuesday, April 1, 2014, the rule goes into effect. OCC: Volcker Rule: Final Regulations occ.gov/news-issuances/bulletins/2014/bulletin-2014-9.html Highlights The final regulations prohibit banks from engaging in short-term proprietary trading of certain securities, derivatives commodity futures, and options on these instruments for their own accounts. impose limits on banks investments in, and other relationships with, hedge funds and private equity funds.
Posted on: Mon, 31 Mar 2014 15:58:32 +0000
Trending Topics
Recently Viewed Topics
© 2015