Jump to ContentJump to Main Navigation
Perspectives on Dodd-Frank and Finance$
Users without a subscription are not able to see the full content.

Paul H. Schultz

Print publication date: 2014

Print ISBN-13: 9780262028035

Published to MIT Press Scholarship Online: May 2015

DOI: 10.7551/mitpress/9780262028035.001.0001

Show Summary Details
Page of

PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 06 April 2020

The Origins and Intent of the Volcker Rule

The Origins and Intent of the Volcker Rule

Chapter:
(p.105) 7 The Origins and Intent of the Volcker Rule
Source:
Perspectives on Dodd-Frank and Finance
Author(s):

Priyank Gandhi

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262028035.003.0007

Professor Priyank Gandhi discusses how the Volcker Rule was written to prevent banks from engaging in risky trading. He discusses the practical difficulties in determining which trading activities are permitted under the rule and which activities are prohibited. Professor Gandhi mentions several potential pros and cons of banning proprietary trading, and suggests that trading banned under the Volcker Rule may provide a natural hedge against downturns in banks’ interest income.

Keywords:   Volcker Rule, Moral Hazard, Proprietary Trading

MIT Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.