Volcker Rule: Difference between revisions
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imported>Doug Williamson (Link with Liikanen rule. Source: http://ec.europa.eu/internal_market/bank/structural-reform/index_en.htm) |
imported>Doug Williamson m (Add reference to Liikanen rule to main text.) |
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The part of the US Dodd-Frank Act which limits the extent of speculative activity by US banks, and requires separation of their speculative activities from their other activities. | The part of the US Dodd-Frank Act which limits the extent of speculative activity by US banks, and requires separation of their speculative activities from their other activities. | ||
Comparable with the Liikanen rule in European legislation. | |||
Revision as of 14:19, 7 April 2014
The part of the US Dodd-Frank Act which limits the extent of speculative activity by US banks, and requires separation of their speculative activities from their other activities.
Comparable with the Liikanen rule in European legislation.
