The FINAL Volcker Rule: What Is at Stake?
On December 10, three-and-a-half years after the Rule was enacted, the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), Securities and Exchange Commission (SEC) and other regulatory authorities finally issued a common set of regulations to implement the Volcker Rule.
As the centerpiece of one of the most significant provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act, the final Volcker Rule is expected to usher in major changes and stricter oversight of the way financial institutions operate.
What You Will Learn
The Volcker Rule prohibits banks and their affiliates from (1) engaging in "proprietary trading" in most securities and derivatives and (2) owning an interest in or sponsoring a private investment fund. Join the panel of experts as they analyze the Volcker Rule and the implementing regulations as they apply to US and non-US banks, other depository institutions, and their affiliates.
Which entities are covered by the Volcker Rule?
What is proprietary trading; how is it defined; what is permitted; what is restricted?
Private equity investment/ covered funds: what is permitted; what is restricted?
Application of the Volcker Rule to foreign banks and other entities... and much more