Volcker Rule 'Difficult if Not Impossible' to Enforce: CFTC

The transcript discusses the Volcker Rule, highlighting its ongoing relevance and challenges. It covers criticisms regarding its enforceability and the perceived leniency towards banks, allowing speculative trading. The discussion also touches on the banks' desire to free up capital and the contrasting regulatory environments between US and European banks, with US regulations becoming lighter and European ones tighter.

What is one of the main criticisms of the revamped Volcker Rule?

• It is too strict on banks.

• It is not enforceable.

• It encourages too much competition.

• It limits international trade.

Why do some banks oppose the Volcker Rule?

• They want to free up capital.

• They want to limit international trade.

• They want to reduce competition.

• They want to increase speculative trading.

How has the regulatory environment affected US banks post-crisis?

• It has made them less competitive.

• It has led to their decline.

• It has caused them to merge with European banks.

• It has helped them perform better.

What is a challenge faced by European banks according to the discussion?

• They are outperforming US banks.

• They have resolved all their issues.

• They have too much capital.

• They face tighter regulations.

What is a potential disadvantage for European banks discussed in the video?

• They can easily buy back stock.

• They face disadvantages due to Basel 4.

• They have fewer regulations.

• They have more speculative trading opportunities.