Yes, we can...ban prop trading

FinanceAsia readers agree with the US presidentÆs plan to ban deposit-taking institutions from proprietary trading.

Yes, we can...ban prop trading

President Obama is right to propose the so-called Volcker Rule, which will ban banks from trading with federally insured deposits, according to respondents to a FinanceAsia poll.

Almost two-thirds of readers who voted in the poll were in favour of the ban, outnumbering the No votes by more than two to one. Of the 165 voters, 63% supported the so-called Volcker Rule, named after Paul Volcker, the former chairman of the Federal Reserve who is now President Obama's most...

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