Proposed rules seen boosting costs; Morgan Stanley exec cites multiplier effect

Reforms reduce risk, but ISDA's O'Connor cites 'serious concern' about some policies.

Reforms reduce risk, but ISDA's O'Connor cites 'serious concern' about some policies.

Companys plan runs counter to current trend of favoring shareholders.

Companys plan runs counter to current trend of favoring shareholders.

Banks chief investment office embraces prop trading in search of profit.

Banks chief investment office embraces prop trading in search of profit.

Trader has derivatives positions so large that theyre said to distort prices.