( This article originally appeared on The Hill)
A leading House Democrat is pressing financial regulators over a provision of the Dodd-Frank law that bans proprietary trading.
In a letter sent Monday to the Federal Reserve, Securities and Exchange Commission (SEC), Federal Deposit Insurance Corp. (FDIC) and other agencies, Rep. Carolyn Maloney (D-N.Y.) requests information about the implementation of the Volcker Rule.
The Volcker Rule blocks large banks from speculative trading with money from their customers that is insured by the federal government.
These banks must also report “quantitative trading data.”
Maloney asked whether the Volcker Rule has contributed to “significant changes in banks’ trading activities” or a “meaningful difference in overall risk levels.”
“As you know, the Volcker Rule prohibits U.S. banking entities from engaging in proprietary trading, while permitting legitimate market-making and hedging activities,” Maloney wrote.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
Markets Media Group was pleased to host the 2025 European Women in Finance Awards last night at Claridge’s in London.
#WomeninFinance #WIF #EuropeanFinance #FinanceCommunity
See the full list of winners here: https://www.marketsmedia.com/2025-european-women-in-finance-awards-the-winners/
We are excited to announce the finalists for the 2025 U.S. Women in Finance Awards! Congratulations to all!
Check out the full list here:
#WomeninFinance #WIF #financeindustry
Nominations are NOW OPEN for the 2026 Women in Finance LatAm Awards! Do you know a standout leader, innovator, or rising star? Nominate her today!
Learn more & submit your nomination:
#WomeninFinance #Finance #WIF
HSBC AI Markets harnesses natural language processing to meet market participants’ trading and hedging needs, from pre-trade analysis, to execution, to post-trade. Markets Media caught up with Tom Croft to learn more about the platform.
#AIMarkets
Related articles
-
There is increasing demand for US equities data from Asia and other global regions.
-
Renewal increases across major index, ratings and terminals providers averaged 15% in 2024.
-
CEO David Taylor discusses the advantages and the differentiation of the market data solution.
-
With regard to market data reform, the SEC may have bitten off more than it can chew.
-
Vela's SuperFeed market data service complements IPC's Connexus Cloud offering, execs say.
We're Enhancing Your Experience with Smart Technology
We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] Please review our updated Terms & Conditions and Privacy Policy carefully. By continuing to use our services after Aug 25, 2025, you agree to these
