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Woodshedder
Joined Nov 11, 2007
31,929 Blog Posts

Bank of Canada Says Volcker Needs Reform or it Will Hamper Liquidity

CRONKITE Mon Jan 30, 2012 8:08am EST Comments Off on Bank of Canada Says Volcker Needs Reform or it Will Hamper Liquidity

“It is not clear the definition of ‘market-making’ versus ‘proprietary trade,’” Carney said. “There appears to be a presumption that something is proprietary,” adding “we think that it should go in reverse.”

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