FSOC Study Recommendations On Prohibitions On Proprietary Trading Certain Relationships With Hedge Funds Private Equity Funds
The FSOC conducted a study on how best to implement Section 619 of Dodd-Frank (commonly known as the "Volcker Rule"), which is designed to improve the safety of our nation's banking system by prohibiting proprietary trading activities and certain private fund investments. The FSOC's study puts forward recommendations designed to effectively and comprehensively implement the Volcker Rule in a manner that constrains risk-taking by, and promotes the safety and soundness of, banking entities.
Date
January 18, 2011
Cross References (links may require a Cabinet subscription)
Section 619 Study