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Citigroup, in its latest quarterly securities filing, says one of its uses for credit derivatives is "to take proprietary trading positions".
David A. Viniar, chief financial officer at Goldman, declined to break down results by product area, saying only, "As usual, we take proprietary risk and we also do a lot of customer business".
Others take proprietary information for personal gain.
Strict ethics rules can mandate cooling off periods so that regulators do not take proprietary information to their new employers.
That failure is particularly dangerous because the purpose of the Volcker rule was to ensure that federally insured banks did not take proprietary positions in derivatives.
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In the case of Cargill, Pioneer charged that a former researcher had taken proprietary genetic material, or germplasm, to Cargill.
Taft presented the memorial to Warren Harding, the sitting President, and both Republicans took proprietary pleasure in the presence at the ceremony of Lincoln's only surviving child, the seventy-eight-year-old Robert Todd Lincoln.
He questioned the large profits that some investment banks enjoy from taking proprietary positions at the same time as they make markets for their customers, wondering whether this sort of provision of liquidity is over-valued.
A state judge yesterday barred Par Ridder, the publisher of Minnesota's biggest newspaper, from working there for a year, ruling that he illegally took proprietary information when he left the paper's main competitor.
Mr. Dunn has contended that Perot Systems took proprietary information gained by working for the state and shared it with energy traders who then used the information to exploit the flawed market and manipulate prices.
It prevents employees from taking proprietary information, such as marketing strategies, to competitors.
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