Federal Reserve Plans to Curb Banks' Commodity Holdings - Nasdaq

Federal Reserve Plans to Curb Banks' Commodity Holdings Nasdaq Since 2003, the Fed had allowed 12 banks to foray into the physical commodities trading operations. Notably, as per the "grandfather" provision of the Gramm-Leach-Bliley Act in 1999, a firm that was not a bank holding company and converted to a ... and more »

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