Volcker Rule

A buzzword referring to the rule where short selling of a security is prohibited unless the target stock is on an uptick.

Used by the IRS, it determines whether a person, who is a dual taxpayer, will have to pay taxes in the United States. It is commonly used by aliens to establish residency.

A trading restriction that separates investment banking, private equity, and proprietary trading sections of financial institutions from their consumer lending arms.

A regulation initiated in 1901 stating that every life insurance company doing business in New York was required to abide by New York legislation even if it did business in other states.