‘Casino’ banks targeted in Volcker Rule
The Volcker rule is a cornerstone of the Dodd-Frank financial overhaul.
Marketplace
Proprietary trading — when a bank invests its own funds in order to make a profit — is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform overhaul. So what does the rule do? Sr. Producer Paddy Hirsch explains with a casino analogy.
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