沃尔克法则瞄准的是商业银行，而不是经纪交易商。

The Volcker Rule is aimed at the commercial Banks, not the broker dealers.

youdao

高盛、摩根·士丹利回归经纪交易商身份的转换成本非常低。

There would be very little switching costs for Goldman and Morgan to go back to being broker dealers.

youdao

鉴于经纪交易业务对这两家银行净利润的重要程度，它们显然无法接受强硬的沃尔克法则。

A strong Volcker Rule would clearly be unacceptable to both Banks given how important the broker dealer operations are to their bottom lines.

youdao

Now the brokerage industry-- The New York Stock Exchange goes back into the eighteenth century, it's very old.

经纪行业历史悠久...,纽约股票交易所历史悠久,成立于18世纪

耶鲁公开课 - 金融市场课程节选

I deal directly with the broker,

我直接跟经纪人交易，

经济危机的影响 - SpeakingMax英语口语达人

When the Treasury in the United States sells Treasury bills notes and bonds they deal almost exclusively or we say primarily--with broker-dealers not the general public.

当美国的财政部,卖出国库券，票据，债券时,他们几乎是私下交易的,或者说首先与经纪自营商交易,而不是大众市场。

耶鲁公开课 - 金融市场课程节选