Tag Archives: Volcker Rule

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AFR in The News – The Push to Pull the Teeth out of Dodd-Frank

The current economic turbulence is a direct result of insufficient regulation — so it makes no sense to curb pending rules that would address the causes of the crisis, says Lisa Donner, executive director of Americans for Financial Reform, a coalition of labor, civil rights, community, and small business groups. “The thought that what we need to get the economy going again is to cut back on regulation is astoundingly backwards,” she says, noting that recent polls suggest businesses are struggling with economic conditions, not overregulation.”

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AFR Statement on Leaked Details of Volcker Rule

FOR IMMEDIATE RELEASE     DATE: September 19, 2011                                   CONTACT: John Carey at 202-466-1854 john@ourfinancialsecurity.org             AFR Statement on Leaked Details of Volcker Rule Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong

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Questions Arise About UBS Risk Controls

Questions Arise About UBS Risk Controls Alistair MacDonald and Deborah Ball (WSJ – subscription required) September 16, 2011 “Risk-management and control specialists are again questioning the banking industry’s ability to manage risks and regulator’s efforts to police the sector after a UBS AG trader lost

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Global Standards Sought on Rules

Global Standards Sought on Rules Victoria McGrane (WSJ – subscription required) September 16, 2011 “Treasury Secretary Timothy Geithner in a letter Wednesday assured Congress that the Obama administration and federal regulators are working with their international counterparts to see they adopt similar rules requiring market

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Delta One Desks Are Big Moneymakers

Delta One Desks Are Big Moneymakers Susanne Craig and Azam Ahmed (DealBook/NYT) September 15, 2011 “The $2 billion trading loss that has rocked the Swiss banking giant UBS has also cast a spotlight on a relatively unknown but increasingly profitable corner of Wall Street —