May 29, 2010
‘Casino’ banks targeted in Volcker Rule
The Volcker rule is a cornerstone of the Dodd-Frank financial overhaul. But what is it? Paddy Hirsch explains in this video from 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.