The AFR Policy Brief linked below explains how a new Federal Reserve discussion paper, “The Volcker Rule and Market Making In Times of Stress”, does not actually demonstrate that the Volcker Rule has been ineffective or harmful to financial markets.
The AFR Policy Brief linked below explains how a new Federal Reserve discussion paper, “The Volcker Rule and Market Making In Times of Stress”, does not actually demonstrate that the Volcker Rule has been ineffective or harmful to financial markets.