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It means less speculation," he said.
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The banks hate the rule because less speculation means less profit and lower bonuses for traders and bank executives.
Less capital means less interest.
This means less legwork.
Less drilling, however, means less money.
Reduced liquidity means less issuance.
Less choice means less intrigue.
That means less Champagne.
Complexity means less certainty.
(Digital communication means less phone-throwing).
That means less risk for a merchant.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com