Record Details

Will restricting proprietary trading and stricter derivatives regulation make the US financial system more stable?

PSL Quarterly Review

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Field Value
 
Title Will restricting proprietary trading and stricter derivatives regulation make the US financial system more stable?
 
Creator Kregel, Jan
 
Subject —
financial regulation, naked CDS, Volcker Rule, Dodd‐Frank, Lincoln Amendment
E11, G01, B50, H12
 
Description Two of the major provisions of the Dodd‐Frank Wall Street Reform and Consumer Protection Act, passed into law on July 21 2010, aim to reduce speculation with financial institutions own funds using highly leveraged derivatives. The so‐called “Volcker rule” limits the ability to trade as principal in what is known as “proprietary trading” and the Lincoln Amendment or the “push out” rule limits derivatives dealing for regulated, insured banks. A complement to the Lincoln amendment requires that all over the counter derivatives be cleared through official mechanisms and traded on regulated exchanges similar to those used for commodities.   JEL Codes: E11, G01, B50, H12
 
Publisher Economia civile
 
Contributor —
 
Date 2011-09-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9410
 
Source PSL Quarterly Review; Vol 64, No 258 (2011)
PSL Quarterly Review; Vol 64, No 258 (2011)
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9410/9305
 
Rights Copyright (c) 2016 Jan Kregel
http://creativecommons.org/licenses/by-nc-nd/4.0