A Federal Reserve Board, FDIC, OCC, SEC and CFTC final rule amending the "covered funds" provisions of the Volcker Rule was published in the Federal Register.
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The Federal Reserve Board, FDIC, OCC, SEC and CFTC adopted amendments to the Volcker Rule "covered funds" provisions.
The Federal Reserve Board, FDIC, OCC, SEC and CFTC stated that they will consider comments submitted past the deadline on a proposal to amend the Volcker Rule's "covered funds" provisions.
The Office of the Comptroller of the Currency and the FDIC approved an interagency final rule intended to simplify the Volcker Rule.
In anticipation of clarifying the treatment of qualifying foreign excluded funds under the Volcker Rule, banking agencies will not take action against foreign banking entities for a two-year period ending on July 21, 2021.