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Bridge over ocean
23 October 2018 Comment Letter

Proposed Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds

  1. Jim Allen, CFA
  2. Kurt Schacht, JD, CFA

The Volcker Rule was adopted and enacted to prevent large, money-center banks from using insured deposits to engage in proprietary trading. The Proposals seek to reduce Volcker burdens on small and mid-sized banks whose trading isn’t so large as to create systemic failure.

View Comment Letter