Daily Archives: June 25, 2016

the volcker rule

The Volcker Rule

he Volcker Rule refers to § 619[1] (12 U.S.C. § 1851) of the Dodd–Frank Wall Street Reform and Consumer Protection Act, originally proposed by  former United States Federal Reserve Chairman Paul Volcker to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers. Volcker argued that such speculative…

© 2017 Intelligent Economist. All rights reserved.