A Volcker Trading Account Consists of Which of the Following
I the trading may not involve a material conflict of interest with a client customer or counterparty. Any account used by a banking entity to purchase or sell financial instruments principally for the purpose of short-term resale benefiting from short-term price movements realizing short-term arbitrage profits or. Pin On Financial Engineering The analysis set forth in this letter supports the following conclusions. . First banking entities are prohibited from engaging in proprietary trading the Proprietary Trading Provisions. The Final Rule provides a functional definition of trading account which means an account that satisfies any one of three criteria. As used in the Volcker Rule financial instruments consist of the following. The purpose of the Volcker Rule is to restrict federally insured banks from investing their own funds in speculative trading activity which arguably puts banks own capital at. The Agencies made no...