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01-17-2012, 05:30 PM
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U.S. Regulators to Defend Proprietary-Trading Ban Before House Committee (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHFhh2OLejNUgObZF7IgrQk50lgmA&url=http://www.bloomberg.com/news/2012-01-17/u-s-regulators-to-defend-proprietary-trading-ban-before-house-committee.html)
Bloomberg
Acting Comptroller of the Currency John Walsh acknowledged that banks without US operations could benefit from the rule, saying that foreign jurisdictions “have not adopted restrictions resembling those in the Volcker rule.” “US banks competing with ...

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