The Volcker Rule requires that banking entities have policies and procedures in place to monitor or prevent material conflicts of interest. 具体地说, the Volcker Rule requires that a banking entity that engages in any transaction, 交易类别, or activity that would involve or result in the banking entity’s interests being materially adverse to the interests of its customers with respect to the transaction, 交易类别, or activity address and mitigate the conflict of interest, 在可能的情况下, through either timely and effective disclosure or through the establishment and enforcement of information barriers.
In the normal course of business, 申博菲律宾app provides a variety of financial services to trading customers that may involve or result in conflicts of interests. The financial services provided to customers that also transact on the Firm’s trading desks include, 等, investment banking services, 研究服务, market-making services.
申博菲律宾app has implemented an Information Barrier Program that is designed, 在某种程度上, to address conflicts of interests, such that the conflict does not have a materially adverse effect on a customer. This program includes information barriers between trading desks and between trading desks and other areas of 申博菲律宾app that may possess information that may create a conflict of interest in relation to the activity of its trading desks.