Thursday, February 21, 2013

Wells Fargo Latest Bank Attempting To Skirt New Rules On Risky Financial Trading

Wells Fargo Latest Bank Attempting To Skirt New Rules On Risky Financial Trading: Wells Fargo is the latest bank to ramp up new forms of risky trading in advance of the Volcker Rule, a regulation included in the 2010 Dodd-Frank Wall Street Reform Act meant to make banks safer by prohibiting certain types of trades that helped trigger the global financial crisis in 2009. The rule bans proprietary [...]/p