# Prof. Lawrence White discusses the Volcker rule banning proprietary trading

1 Faculty News December 10, 2013 ![Fox Business logo](/sites/default/files/styles/246w/public/assets/images/con_031722.jpg?itok=a0Gxu60a)>

Excerpt from [Fox Business](http://video.foxbusiness.com/v/2920305332001/new-era-for-banks/) -- "Grass is not going to grow in the streets of America, but at the same time, this is not a good rule. It makes these activities even more expensive or just impossible and drives them either offshore or into shadows somewhere. It's just not a sensible way to proceed."

[Watch the video](http://video.foxbusiness.com/v/2920305332001/new-era-for-banks/)