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« Spill Response Biggest In History Says BP CEO | Main | Merkley-Levin Amendment To Wall Street Bill Would Restrict "Risky" Trading »
Thursday
Jun172010

Merkley-Levin Amendment Would Prevent Investors From Betting Against Clients

AuthorGeoff Holtzman DateThursday, June 17, 2010 at 5:00PM
In a conference call with reporters on Thursday, Sen. Carl Levin (D-Mich.) discusses an amendment he is sponsoring along with Sen. Jeff Merkley (D-Ore.) to a financial reform bill currently in conference. The Merkley-Levin amendment would prohibit major banks from participating in proprietary trading with taxpayer-backed money. (:39)
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