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Senators Urge ‘Robust’ Rules, Enforcement for Banks’ Proprietary Trading Restrictions in Dodd-Frank Reform Law

August 10, 2010 in Banking Report · Leave a Comment 

In the latest sign that lawmakers intend to take a hands-on approach during implementation of the new financial reform law, Sens. Jeff Merkley (D-Ore.) and Carl Levin (D-Mich.) offered regulators detailed guidelines for drafting rules on banks’ proprietary trading activities and hedge fund investments…

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