The Volcker rule is a cornerstone of the Dodd-Frank financial overhaul. Marketplace
Marketplace Whiteboard®

‘Casino’ banks targeted in Volcker Rule

Paddy Hirsch May 28, 2010
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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