Risk Audit - Training and Recruitment
Wednesday, 01 February 2012

Volcker Defends Prop Rules

Paul Volcker, the architect of new US rules that will prevent US retail banks from engaging in proprietary trading, has defended these new measures.

He has come under attack from the EU Commission and European banks who all argue that the provisions will damage liquidity in key bond markets at a critical time.

Volcker counters by observing that the rules will allow market making, hedging and underwriting.

Risk Audit will explain what all the fuss is about during our Proprietary Trading – The Volcker Dilemma webinar on Wednesday 29th February.

© 2010 Risk Audit Ltd | Registered in England | Company Registration Number 03786752