Amendment Aims To Crack Down on Prop Trading

11 May 2010

Sen. Carl Levin (D-Mich.) and Sen. Jeff Merkley (D-Ore.) have introduced an amendment to proposed reform legislation designed to crack down on high-risk proprietary trading.

Sen. Carl Levin (D-Mich.) and Sen. Jeff Merkley (D-Ore.) have introduced an amendment to proposed reform legislation designed to crack down on high-risk proprietary trading. The measure reportedly comes as a reaction to Senate hearings last month regarding activities at Goldman Sachs at which Levin focused on a ...

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