anche se sto in ferie borsistica nn potevo nn postarvela...
è il motivo degli ultimi 20 punti ESPONENZIALI di sp
WASHINGTON—The Federal Reserve on Thursday said it would give banks two more years to sell private equity and hedge fund stakes covered by the Volcker rule, a win for banks who had requested more time to unwind positions.
The Fed move effectively extends from July 2015 to July 2017 a deadline by which banks would have had to sell the fund investments, which are barred under the rule’s restrictions on bank trading
Fed Gives Banks More Time to Sell Private-Equity, Hedge Fund Stakes - WSJ
e questo è il motivo per cui ci porteranno al disastro intergalattico...
A federal regulation that prohibits banks from conducting certain investment activities with their own accounts, and limits their ownership of and relationship with hedge funds and private equity funds, also called covered funds.
The Volcker Rule’s purpose is to prevent banks from making certain types of speculative investments that contributed to the 2008 financial crisis.
Named after former Federal Reserve Chairman Paul Volcker, the Volcker Rule disallows short-term proprietary trading of securities, derivatives, commodity futures and options on these instruments for banks’ own accounts under the premise that these activities do not benefit banks’ customers. In other words, banks cannot use their own funds to make these types of investments to increase their profits.
Five federal agencies—the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Commodity Futures Trading Commission and the Securities and Exchange Commission—approved the final regulations that make up the Volcker Rule in December 2013. The rules, formally known as section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, went into effect April 1, 2014, with banks' full compliance required by July 21, 2015.
stavolta si son superati...
100 punti in due sedute...a ottobre ne erano state necessarie 4...di sicuro la prossima volta i 100 se li fumeranno in una...
nn è dato sapere in quale verso
ma è long...come detto...long finchè nn esplode