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That sounds like the kind of gambling by an institution that benefits from deposit insurance that Paul Volcker, the former chairman of the Federal Reserve, was trying to prevent when he proposed the Volcker rule to bar "proprietary trading" by banks.
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The Dodd-Frank Act of 2010 introduced a measure somewhat similar to the Glass-Steagall prohibition by imposing the Volcker rule, which bars proprietary trading by commercial banks, but much more could be done.
Instead of banning banks from the securities business outright, it only barred proprietary trading.
A company like Goldman Sachs, barred from proprietary trading, would probably give up its status as a bank holding company and revert to its role as a big Wall Street investment house, free to trade as it wished.
The cup provided has a proprietary bar code on the lid.
In fact, there are many bars now using fresh ingredients purchased from local farmer's markets, and even grown by the bar themselves alongside proprietary bitters and syrup.
An important part of the Dodd Frank legislation was the Volker Rule, which was to bar banks from proprietary trading or making trades using customer funds.
It includes a provision barring banks from "proprietary trading," or making market bets with their own capital.
The objective of this paper is to introduce a non-proprietary bar splice sleeve that accommodates current production tolerances in addition to being economical and easy to produce.
Other proposals that could win bipartisan support is one that would impose the so-called Volcker Rule, barring banks from proprietary trading.
This bars banks from "proprietary trading" (making bets with their own accounts), but leaves many grey areas and will be hard to enforce.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com