WINNERSLOSERSStockholders of financial firms15 of 19The financial reform act bans banks from many kinds of proprietary trading, forces investment banks to keep more money in reserve and cracks down on the over-the-counter derivative market that was wildly profitable for many financial institutions such as Goldman Sachs. Derivatives were one of the main instruments of mayhem in the financial meltdown.« Back to Financial Regulation. Related Articles:Fed's monetary policy toolboxHelp for mortgage borrowers?Financial meltdown: Credit cardsHow safe is your bank?Related Links:Types of banking institutionsSafe places for cashHow the economy affects youCommon mistakes in a bad economy advertisement
The financial reform act bans banks from many kinds of proprietary trading, forces investment banks to keep more money in reserve and cracks down on the over-the-counter derivative market that was wildly profitable for many financial institutions such as Goldman Sachs. Derivatives were one of the main instruments of mayhem in the financial meltdown.