CERF Blog

One of the major components of the 2010 Dodd-Frank financial reform bill (The Dodd-Frank Act) is the Volcker Rule that is designed to prevent banks from engaging in proprietary (or “prop”) trading, or in acquiring or sponsoring a hedge fund or private equity fund.  Prop trading has been defined to be “engaging as a principal… Read more

Jeff Speakes Volatility in financial markets has jumped sharply in recent weeks, thanks to the U.S. debt ceiling debate and ongoing financial crisis in Europe. For most investors this has been a period of great consternation. But for some “Black Swan” investors, it has been a period of extraordinarily positive return. A Bloomberg article1 notes… Read more