The maloney act contains the so-called volcker rule, which prohibits depository banks from proprietary trading. true or false

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Brent

16 December, 04:10

The maloney act contains the so-called volcker rule, which prohibits depository banks from proprietary trading. true or false

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Aldo · Answer 1

The answer is True.

The Maloney Act contains the so-called Volcker Rule, which prohibits depository banks from proprietary trading. The Volcker rule is a rule that bans commercial banks from capitalizing in the hedge and private equity funds, with a definite small exclusion.