The legislation would also seek to restrict proprietary trading by nonbank financial institutions by directing the Federal Reserve to set "capital and quantitative limits" on such trading.
But if you dig deeper into the complex needs of global corporations that are the clients of big banks these days, they sometimes seek banks to make proprietary bets to help them.
"If you dig deeper into the complex needs of global corporations that are the clients of big banks these days, they sometimes seek banks to make proprietary bets to help them.
"The board also can require that shareholders who have smoke emanating from their apartments keep it from doing so, and can seek to terminate their proprietary lease if they refuse," he said, "but they cannot issue a blanket prohibition".
A pharmaceutical company, for example, with proprietary models may seek to integrate with public models, and researchers in an academic environment, alternatively, may seek to integrate their public models with proprietary models.
These charges provide an endorsement of the Volcker Rule, named for Paul A. Volcker, the former Federal Reserve chairman, and included in the Dodd-Frank law in the United States, which sought to restrict proprietary trading by banks whose deposits are insured.
While the Internet rewards competitive innovation, Microsoft has frequently sought to establish proprietary monopolies — and then leverage its dominance into new, adjacent markets.
The Company is cooperating with the investigation, but has also filed a suit to quash or limit the subpoena and to protect information sought that constitutes proprietary or trade secret information.
By the early 1990s, Internet service providers (ISPs) such as Prodigy, CompuServe and America Online AOLL) released basic point-and-click "applets" as an easy way to use their proprietary instant-messaging networks.Then, in 1996, ICQ ("I Seek You") arrived.
