Tag: financial regulation

  • The Volcker Rule

    The Volcker Rule

    Major financial regulation created after the 2008 crisis as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010). It was named after Paul Volcker, the former Chair of the Federal Reserve. What The Volcker Rule Does It restricts banks from taking certain risky actions with their own money. Specifically, it bans two… Read more