The "Volcker": Proposals to Limit "Speculative" Proprietary Trading by Banks

Carpenter, David H.

Library of Congress. Congressional Research Service.

关键词: Finance;    Banks and banking;    Investment banking;    Banking law;    Trade regulation;   

RP-ID  :  R41298
RP-ID  :  R41298_2010Jun30

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report briefly discusses the permissible proprietary trading activities of commercial banks and their subsidiaries under current law. It then analyzes the Volcker Rule proposals under the House- and Senate-passed financial reform bills and under the Conference Report, which would limit the ability of commercial banking institutions and their affiliated companies and subsidiaries to engage in trading unrelated to customer needs and investing in and sponsoring hedge funds or private equity funds.