In January, the five regulatory agencies responsible for carrying out the Volcker Rule—the Federal Reserve, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Securities and Exchange Commission—issued an interim final rule modifying portions of the initial version of the final rule released in December.1 The modifications…
Author: Sandy Liu
University of Michigan
JD Candidate, 2015
University of California, Irvine
BA in Quantitative Economics, 2010
Double Bottom-Line Investing, In Brief
The first bottom-line in any investment is obvious: market-rates of return for banks, pension funds, foundations, and other financial investors.1 The second bottom-line consists of social or environmental returns.2 This can be realized in the form of job creation, community revitalization, or energy conservation, among others.3 As a growing number of investors express a desire…