Pressure Increases from House on Dodd-Frank Slowdown

dodd-frank

Pressure Increases from House on Dodd-Frank Slowdown ·         Tuesday, two House committees held hearings regarding the quality of Dodd-Frank implementation of derivatives and commodities rules. Between the testimony of Members, industry executives, and the concerns of both SEC Chairman Schapiro and CFTC Chairman Gensler, it has become clear the FY08 funding [...]

A Big Week for the Volcker Rule

volckerwhoa

What’s behind good and evil proprietary trading? This week marks a turning point in the recovery from the “Great Recession.”  The Financial Stability Oversight Counsel will release an 80 page draft of “recommendations” on the Volcker Rule to the Federal Reserve.  The main objective? Prevent the next Lehman Brothers.  The head of this counsel is none other than Tim Geithner.  [...]