risky bank trading

WASHINGTON  | Fed looks to ease rule that limits risky bank trading

WASHINGTON  — The Federal Reserve is preparing to ease a rule aimed at defusing the kind of risk-taking on Wall Street that helped trigger the 2008 financial meltdown. The Volcker Rule, crafted by regulators 4 1/2 years ago, changed the way the biggest U.S. banks do business. It bars banks’ risky trading bets for their … Continue reading WASHINGTON  | Fed looks to ease rule that limits risky bank trading