Dodd-Frank prop desk carve-out creates restructuring risks

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 into regulatory rules. It is not yet understood whether prop trading arms must be created as

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: