TMX Technology - Razor Risk: The Volcker Rule Back to the Future

The financial crises of 2008 highlighted once again how regulatory regimes have moved in cycles over the years, allowing firms to apply regulatory arbitrage, or to take advantage of lax controls. Going back to the post-depression reforms of the ‘30s, regulators in the US and Europe recognised the need to reduce firms’ excessive risk taking, and to maintain a stable banking system as a foundation for stable and predictable economic growth. The Glass Steagall act of 1932 was the US’s attempt to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a RiskTech Forum account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: