Volcker Rule Made Meaningless by Abundant Exemptions: Nomi Prins

Volcker Rule Made Meaningless by Abundant Exemptions: Nomi Prins

Volcker Rule.  At issue is this: Can a bank buy a series of bonds, for example, and keep some of them on their balance sheet — or to use Mr. Dimon’s analogy, on the bank’s store shelves — until they can find a customer?    The way the Volcker Rule is currently construed, a bank can’t keep any merchandise on its shelves.

Volcker Rule. At issue is this: Can a bank buy a series of bonds, for example, and keep some of them on their balance sheet — or to use Mr. Dimon’s analogy, on the bank’s store shelves — until they can find a customer? The way the Volcker Rule is currently construed, a bank can’t keep any merchandise on its shelves.

The Volcker Rule - what it means for financial institutions and markets

The Volcker Rule - what it means for financial institutions and markets

What happened at the #FederalReserve on 10/21/1985? Read New York Times op ed about Paul #Volcker and his role as Fed chair. #BackToTheFuture

What happened at the #FederalReserve on 10/21/1985? Read New York Times op ed about Paul #Volcker and his role as Fed chair. #BackToTheFuture

Exclusive - Wall St. banks ask Fed for 5 more years to comply with Volcker rule -- KingstoneInvestmentsGroup.com

Exclusive - Wall St. banks ask Fed for 5 more years to comply with Volcker rule -- KingstoneInvestmentsGroup.com

Volcker Rule: CNBC Explains - The Volcker Rule, the FDIC, Trading for Volcker Rule, Banks and Volcker Rule - CNBC

Volcker Rule: CNBC Explains - The Volcker Rule, the FDIC, Trading for Volcker Rule, Banks and Volcker Rule - CNBC

U.S. banks gear up to fight Dodd-Frank Act’s Volcker rule

U.S. banks gear up to fight Dodd-Frank Act’s Volcker rule

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