Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Federal Reserve issues proposal to implement Volcker Rule conformance period

“The Board is requesting comment on a proposed rule that would implement the conformance period during which banking entities and nonbank financial companies supervised by the Board must bring their activities and investments into compliance with the prohibitions and restrictions on proprietary trading and relationships with hedge funds and private equity funds imposed by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”). Section 619 is commonly referred to as the “Volcker Rule.”

Sorry, comments are closed for this post.