ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »The way to fix the Volcker Rule
The Trump administration is taking aim at the Volcker Rule, one of the core elements of the Dodd-Frank financial reform, saying it’s too complex and burdensome. That’s true, but improving the rule shouldn’t mean weakening it. The rule has a vital purpose: denying taxpayer subsidy to speculation. It therefore bans speculative trading at financial institutions with access to federal deposit ...
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