Props Forge Ahead
Published September 12 2011 Markets Media
Regulation and volatility have become the primary driver in the recent rebirth of proprietary trading.
When the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by Congress, many industry participants viewed it as a game changer that would have a negative impact on proprietary trading. After all, the Volcker Rule, embedded within Dodd-Frank, was aimed at taking down bulge bracket prop desks.
full article 
(subscription)
