Volcker rule
CVA desks could struggle with Volcker correlation tests
Banks turn to lawyers for advice as CVA functions face tougher conditions than other trading desks
Non-bank commodity traders seen as benefiting from Volcker rule
End-users will hedge more with firms such as BP, Shell and Vitol as banks face ban on prop trading, say market participants
Volcker rule offers good news and bad on hedging
Regulators strip out approval for portfolio hedging but give more freedom to market-making desks
Exemptions in the balance as Volcker debate draws to a close
Two years on from its first draft, the Volcker rule is close to being finalised, but some regulators are still trying to close what they see as loopholes – and dealers see as vital freedoms
Volcker rule start date could be delayed
Final rule could provide blanket relief of up to 12 months, says source
Napier Park exploiting Volcker opportunities
Hedge fund Houdinis
Hedge funds caused post-Lehman liquidity crisis, says NY Fed research
A staff report from the New York Federal Reserve argues the evidence points to hedge funds rather than dealers precipitating the post-Lehman liquidity crisis, with implications for rules on prop trading
Volcker: Regulatory split creates ‘indecision and stalemate’
Division of financial supervision among US agencies is impeding Dodd-Frank reforms, says ex-Fed chairman
Prop trading no longer an option for dealers, says Masters
Commodity businesses must have broad client base to absorb increased regulatory costs, says JP Morgan commodities head
Swap push-out reform bill passes committee despite Waters opposition
HR 992 passes by 53 votes to six, despite protests by leading Democratic member on House Financial Services Committee
Volcker still likely to cause damage, expert warns
US banks remain highly cautious about the impact of Volcker rule, industry expert says
US agencies "extremely focused" on Volcker rule, says Dept of Treasury
Overseer of Volcker rule work says five US agencies should produce a single rule – and are not planning to harmonise it with Europe's ring-fencing proposals
The CFTC's to-do list: 14 rules to go, from Sefs to Volcker
The CFTC’s to-do list from Sefs to Volcker
As banks retreat who will dominate US power trading?
Power struggle
The agent-principal dilemma
The agent-principal dilemma
In favour of macro-prudential regulation
In favour of macro-prudential regulation
Risk 25 firms of the future: Citadel
OTC market-maker in waiting
Risk 25 firms of the future: BGC Partners
Our customers are changing
CFTC's Chilton: accept Volcker rule or get out of the way
Chilton warns banks to either co-operate with regulators on the Volcker rule or get out of its way, as it is definitely happening
OpRisk Europe 2012: Video
Highlights of the keynote speeches and discussions from this year's London conference
Sponsored webinar: MetricStream
Improving risk governance throughout the organisation
Volcker rule could hurt liquidity in FX spot market, participants warn
Foreign exchange swaps and forwards should be exempted from the Dodd-Frank ban on prop trading, or else liquidity in the spot market could suffer, industry participants say
Fallout from JP Morgan loss will hit energy markets: IEA
JP Morgan’s recent $2 billion trading loss could toughen a trio of Dodd-Frank Act rules, potentially hurting energy markets, the International Energy Agency says