Volcker Rule: Prohibitions on Proprietary Trading and Certain Relationships with Hedge Funds and Private Equity Funds
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Volcker Rule: Prohibitions on Proprietary Trading and Certain Relationships with Hedge Funds and Private Equity Funds

Filetype[PDF-124.97 KB]



Details:

  • Publisher's site:
  • Description:
    The federal banking agencies, along with the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission, have issued final rules to implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, also known as the “Volcker Rule” (Final Rule). The Volcker Rule generally prohibits any banking entity from engaging in proprietary trading or acquiring or retaining an ownership interest in, sponsoring, or having certain relationships with a hedge fund or private equity fund (covered fund), subject to certain exemptions.
  • Format:
  • Release Date:
    12/12/2013
  • Update Date:
    12/12/2013
  • Withdrawn Date:
    12/01/2018
  • Agencies Involved:
    Federal Deposit Insurance Corporation (FDIC);Board of Governors of the Federal Reserve System (The Fed);Office of the Comptroller of the Currency (OCC);U.S. Securities and Exchange Commission (SEC);Commodity Futures Trading Commission (CFTC);
  • Fdic Employee Involved:
    Bobby Bean;Karl Reitz;Michael Spencer;
  • Law Involved:
    Dodd-Frank Wall Street Reform and Consumer Protection Act;Bank Holding Company Act;
  • Source:
    FDIC Website
  • Memorandum To:
    FDIC-Supervised Banks (Commercial and Savings)
  • FIL Number:
    FIL-58-2013
  • Main Document Checksum:
  • File Type:

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