Foreclosure agreement may not prevent lawsuits

October 2011
Indianapolis Business Journal;10/17/2011, Vol. 32 Issue 33, p24
The article reports that Federal Deposit Insurance Corp. (FDIC) has approved the Volcker Rule which prohibits banks from trading for their own profit in 2011 in the U.S. However, the Volcker Rule is yet to be voted by the Securities and Exchange Commission (SEC) and to be commented by the American public. Experts believe that the ban on proprietary trading is a manifestation of the toughness of the administration of President Barack Obama on reining risky trading.


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