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Greg MacSweeney
Greg MacSweeney
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Millennials Taking a Bad Rap, SEC Inept?, More Bank Layoffs, and More Quotes of the Week

The buy side is starting to feel the commission squeeze, the SEC's incompetence, Volcker Rule scare tactics and hiring the best and the brightest are just a few of the this week's top quotes.
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2. Fool Me Once...

We heard from some folks today that tout tragedy if a sturdy Volcker Rule is approved. That's foolish phooey. There are tremendous perils for not having a strong Volcker Rule: namely another budget-busting bank bailout.

— Bart Chilton, Commissioner of the CFTC

Source: NY Times Dealbook

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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