The SEC has adopted a final version of the Volcker Rule in a 3-to-2 vote that is a milestone for regulatory reform on Wall Street.SEC Commissioners Daniel M. Gallagher and Michael S Piwowar voted against adoption of the restrictions upon banks and proprietary trading. SEC Chair Mary Jo White and SEC Commissioners Luis A. Aguilar… Read More >>
Taking a Second Look at the DiNapoli Report
Much of the report released this week about the securities industry in New York City did not get covered beyond the employment or profit data. I will try to shed some light on a few of the report’s rather intriguing observations about Dodd-Frank, the Volcker Rule and bonuses. The good news is that the analysis… Read More >>
