The ________ places limits on proprietary trading by commercial banks and securities firms that have become bank holding companies.
A)Bernanke Rule
B)Financial Safety Rule
C)Volcker Rule
D)Securities Reform Act

Question

Quizplus · Accepted Answer

The Volcker Rule is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted in response to the financial crisis of 2008. It specifically aims to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers and could potentially put their depositors' funds at risk.

The ________ Places Limits on Proprietary Trading by Commercial Banks