Obama Prop Trading Bar Draws Fire
The Obama administration’s proposal to rein in proprietary trading has predictably drawn fire from industry watchers. At issue is how to distinguish market making for clients from excessive risk-taking using proprietary capital.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts