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A Simple Bank Rule Proves Difficult to Write.

Authors :
PATTERSON, SCOTT
SOLOMON, DEBORAH
Source :
Wall Street Journal - Eastern Edition. 9/11/2013, Vol. 262 Issue 62, pA1-A12. 2p. 1 Color Photograph, 1 Diagram.
Publication Year :
2013

Abstract

The article discusses the process of developing the so-called Volcker rule of the Dodd-Frank Wall Street Reform and Consumer Protection Act legislation in the U.S. as of September 2013, focusing on conflict between agencies such as the U.S. Securities and Exchange Commission and the Federal Deposit Insurance Corp. According to the article, the rule is intended to mitigate financial risks by preventing banks from investing their own money. INSETS: Shifting Bank Landscape;Banks in the Cross Hairs.

Details

Language :
English
ISSN :
00999660
Volume :
262
Issue :
62
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
90152252