Proprietary trading, properly defined and contextualised, has had a great deal to do with the current financial crisis, and moves for financial and regulatory reforms, the so-called "Volcker Rule" endorsed by US President Barack Obama, need to be beefed up considerably and broadened to include investment banks, hedge funds and other corners of the financial world.
News
The real price of proprietary trading
posted by Bretton Woods Project news feed on finance | Wed, 10/03/2010 - 10:10Financial reform takes on a national agenda
posted by Bretton Woods Project news feed on finance | Mon, 08/03/2010 - 12:04With global co-operation fading away, there are disturbing gaps in the approach to financial reform in Europe and the US
G20: 5 out of 10 for financial reform; 3 out of 10 for support to poor nations
posted by Bretton Woods Project news feed on finance | Thu, 04/03/2010 - 15:23'Swap Tango' – A Derivative Regulation Dance: Part 1
posted by Bretton Woods Project news feed on finance | Thu, 04/03/2010 - 12:33Brussels optimistic over hedge fund regulation despiet 1700 amendments
posted by Bretton Woods Project news feed on finance | Wed, 03/03/2010 - 17:06European Union lawmakers said on Tuesday that they were optimistic about reaching a compromise deal on controversial hedge fund and private equity fund legislation.
How to stop another derivatives inferno
posted by Bretton Woods Project news feed on finance | Wed, 03/03/2010 - 15:48We should establish rules to protect the public from OTC derivatives. If we do nothing, we risk another financial fire that will cost even more jobs.
IMF seeks new mandate, global currency
posted by Newswire on international finance - Bretton Woods Project | Wed, 03/03/2010 - 00:00IMF head Dominique Strauss-Kahn suggested, last week in a speech on the future mandate of the IMF, that the organization might one day be called on to provide countries with a global reserve currency as an alternative to the US dollar. ABC, 3 March.
G20's future in question amid new challenges
posted by Bretton Woods Project news feed on finance | Wed, 24/02/2010 - 16:42Five months after the G20 took over as the world's official economic forum, experts are asking whether it can confront new and more pressing challenges grappling nations emerging from financial crisis.
Global crisis leads IMF experts to rethink long-held ideas
posted by Newswire on international finance - Bretton Woods Project | Sun, 21/02/2010 - 00:00New York Times, 21 February.
IMF's Blanchard suggests higher inflation targets for rich countries
posted by Newswire on international finance - Bretton Woods Project | Fri, 12/02/2010 - 00:00The International Monetary Fund's top economist, Olivier Blanchard, says central bankers should consider aiming for a higher inflation rate than they do currently to lessen the chances of repeating the recent severe recession. Wall Street Journal, 12 February.
© Regulate Finance For Development 2009 - a project of international civil society organisations. Contact us at info@rethinkingfinance.org