Hedge Fund News From HedgeCo.Net

Wall Street Will Make More Risky Bets After Rule Change

(CNBC) Pockets of big risk-taking have persisted within the banks – and that could jump with last week’s proposed changes to the Volcker Rule. Goldman Sachs and Morgan Stanley are seen as most likely to take advantage of trading opportunities across their fixed income, commodities and equities businesses, according to sources. “Volcker 2.0,” which is under a 60-day review period, lifts reporting burdens on short-term trades and gives banks leeway to set their own risk limits.

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