s*******0
发帖数: 3461 | 1 for this rule?
The Volcker Rule is a specific piece of the Dodd–Frank Wall Street Reform
and Consumer Protection Act originally proposed by American economist and
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.[1] Volcker argued that such speculative
activity played a key role in the financial crisis of 2007–2010. The rule
is often referred to as a ban on proprietary trading by commercial banks,
whereby deposits are used to trade on the bank's personal accounts, although
a number of exceptions to this ban were included in the Dodd-Frank law.[2][
3] The rule's provisions are scheduled to be implemented as a part of Dodd-
Frank on July 21, 2012.[4] | w******i
发帖数: 503 | 2 quants will stay, maybe differently | s*******0
发帖数: 3461 | 3 how?
【在 w******i 的大作中提到】
: quants will stay, maybe differently
| d**t
发帖数: 183 | 4 There are a lot of hedge funds born because of the Volcker Rule. Not sure if
the small hedge funds hire quants though.
speculative
rule
although
][
【在 s*******0 的大作中提到】
: for this rule?
: The Volcker Rule is a specific piece of the Dodd–Frank Wall Street Reform
: and Consumer Protection Act originally proposed by American economist and
: 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.[1] Volcker argued that such speculative
: activity played a key role in the financial crisis of 2007–2010. The rule
: is often referred to as a ban on proprietary trading by commercial banks,
: whereby deposits are used to trade on the bank's personal accounts, although
: a number of exceptions to this ban were included in the Dodd-Frank law.[2][
|
|
