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Examining the Impact of the Volcker Rule on Markets, Businesses, Investors, and Job Creation, Part II

James Barth

Working Papers from University of Pennsylvania, Wharton School, Weiss Center

Abstract: The Volcker Rule prohibits banking entities from engaging in proprietary trading activities and limits their ability to invest in, or have certain relationships, with hedge funds and private equity funds. Certain activities are exempted from these prohibitions subject to prudential backstop provisions. The rule's purpose is to prohibit activities that could create excessive risks for banking entities and conflicts of interest.

Date: 2012-12
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:upafin:13-02

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