Dodd-Frank prop desk carve-out creates restructuring risks

Intellectual property and internal talent could get caught up in bank prop desk divorce

goldman-sachs

WASHINGTON, DC – Requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act for financial services firms to spin off their proprietary trading operations into independent units have left questions unanswered over how firms should handle restructures. How these new, spun-off firms will be structured is unclear, as the US supervisory agencies chew over how to turn Dodd-Frank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Want to know what’s included in our free membership? Click here

Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here