The Volker Rule reduces the specialness of banks operating in the U.S. in maturity intermediation by effectively forcing DTIs to hold a matched maturity book.

Question

Quizplus · Accepted Answer

The Volcker Rule aims to restrict banks' ability to engage in proprietary trading and limit their ownership of hedge funds and private equity funds. It does not specifically address maturity intermediation or matching maturity books.

The Volker Rule Reduces the Specialness of Banks Operating in the U.S