Advanced Training - Micah Green

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    Micah Green, a partner in the firm’s Washington office, was featured in an Advanced Trading article on July 14, 2010, about the uncertainty of the Volker Rule as the Senate prepares to pass a reform of the nation’s financial regulations.

     

    The uncertainty over the Volker Rule stems from confusion over the definition of proprietary trading within the Rule. Under the Rule, banks would be prevented from making high risk bets with proprietary trading accounts and limit their investments in hedge funds or private equity funds, according to Advanced Trading.

     

    “There is a definition in there that says it’s about a trading account in a range of different assets, but there’s an awful lot left to interpretation,” said Mr. Green. “I’d guess you know it when you see it. Because that’s what we’re hearing from a lot of regulators right now, that there are dozens and dozens of such interpretations.”

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