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Knowledge management in the British electrical industry was a highly proprietary activity where the practitioners sought patents in order to configure their market in a highly competitive industrial sector.
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And he continues: "I sensed that they would prefer to internalize the firm, to diminish client relationships and to increase the volume of proprietary activities".
S.E.C. officials say that hedge funds, over which the agency has new powers under the Dodd-Frank law, have been particularly wary of providing information on proprietary activities.
The further proposal set out by the president recently to limit the proprietary activities of banks approaches the problem from a complementary direction.
Under the proposals, banks that are deemed systemically important would face restrictions in the form of "strict" capital requirements—on high-risk proprietary activities, that is bets made using their own money.
Risk capital will reside outside the banking system, in hedge funds and private-equity firms, much more than before.The likes of Deutsche Bank, UBS and Credit Suisse have all unveiled strategies to cut their proprietary activities in illiquid markets and focus on high-volume "flow" businesses: for example, helping clients to manage exchange-rate and interest-rate risk.
"It's an area where people work together in agreement without encroaching on each other's proprietary activities," Lackner says.
While some are pushing for Wall Street to police itself in proprietary trading activity, the Federal Deposit Insurance Corporation and other policy makers want a tougher crackdown.
Casino-utility attachment We attached a casino – proprietary trading activity by banks – to a utility – the payment system, together with the deposits and lending that are essential to the day-to-day functioning of the non-financial economy.
Upside to Disclosure When Goldman Sachs released the findings of its business standards committee and some new numbers on Jan . 11 investors focused on the bank's heightened disclosure of its proprietary trading activity and profit.
Its proprietary voice activity sensor accurately identifies when you're speaking to modulate your voice against background sounds.
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