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.
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.
JAGTAG, for the unfamiliar, is a company that specializes in the creation of proprietary two dimensional bar codes, or JAGTAGs as they are called.
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.
Symbol's growth was based on proprietary technology, in particular bar-code scanners and wireless communications; Computer Associates, whose software runs large corporate computer systems, has grown mainly through acquisitions.
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.
The Volcker rule in the United States — barring so-called proprietary trading — is one such effort, although defining just what is not allowed is far from easy.
Mr. Brownback's move had the effect of killing an amendment by Senators Jeff Merkley, Democrat of Oregon, and Carl Levin, Democrat of Michigan, to tighten language barring banks from proprietary trading, or playing the markets with their own money -- a restriction generally known as the Volcker rule for the former Fed chairman Paul A. Volcker, who proposed the idea.
