limits risky bank trading

WASHINGTON | Fed proposes easing rule that limits risky bank trading

WASHINGTON (AP) — The Federal Reserve is proposing to ease a rule aimed at defusing the kind of risk-taking on Wall Street that helped trigger the 2008 financial meltdown. The Fed under new leadership on Wednesday unveiled proposed changes to the Volcker Rule, which bars banks’ risky trading bets for their own profit with depositors’ … Continue reading WASHINGTON | Fed proposes easing rule that limits risky bank trading