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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
June 4, 2012
When is a hedge not a hedge? That’s the question regulators are confronting after JPMorgan Chase & Co. reported a $2 billion trading loss from a position Dimon called a “hedge.”
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By Silla Brush, Bloomberg |
May 31, 2012
The U.S. Commodity Futures Trading Commission is seeking input on whether to narrow exemptions in a proposed proprietary-trading ban after JPMorgan Chase & Co. announced at least $2 billion in losses on credit derivatives.
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By Robyn Meredith and Shamim Adam, Bloomberg |
May 31, 2012
Former Federal Reserve Chairman Paul Volcker, the namesake of U.S. rules designed to rein in banks’ proprietary trading, proposed another regulatory overhaul: This time, regarding supervision of global capital flows.
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By Phil Mattingly, Bloomberg |
May 9, 2012
Former Federal Reserve Chairman Paul Volcker, speaking in support of the Dodd-Frank Act rule that bears his name, said it is impossible for banks to handle the potential customer conflicts presented by trading activities.
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By Press Release |
December 24, 2011
Four federal agencies have extended the comment period on a proposal to implement the so-called Volcker Rule. The new deadline is Feb. 13, 2012.
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By Daniel P. Collins |
November 3, 2009
Global leaders discuss the financial crisis and its fallout.