Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: Volcker Rule

Regulators Publish Changes to the Volcker Rule

Posted in Banking, CFTC, Dodd-Frank Developments
On July 17, the Federal Register published proposed changes to the Volcker Rule that were jointly approved by the Federal Reserve Board, the Commodity Futures Trading Commission, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Securities and Exchange Commission. As described in greater detail in the June 1,… Continue Reading

CFTC Votes on a Final Rule and Two Proposed Rule Amendments

Posted in CFTC
On June 4, the Commodity Futures Trading Commission voted to approve a final rule to amend various portions of Part 49 of CFTC Regulations relating to swap data repository indemnification and related matters. The CFTC also voted to approve two rule proposals, including (1) proposed amendments relating to Volcker Rule restrictions on proprietary trading and… Continue Reading

Economic Growth, Regulatory Relief and Consumer Protection Act

Posted in Banking
On May 24, Public Law No. 115-74 was signed by President Trump. The law, also known as the Economic Growth, Regulatory Relief and Consumer Protection Act, has six parts: Title I—Improving Consumer Access to Mortgage Credit Title II—Regulatory Relief and Protecting Consumer Access to Credit Tile III—Protections for Veterans, Consumers and Homeowners Title IV—Tailoring Regulations… Continue Reading

Regulators Propose Changes to Volcker Rule

Posted in Banking
On May 30, the five Federal regulators responsible for the Volcker Rule approved the publication for comment of numerous proposed changes to the rule. The notice of proposed rulemaking, entitled Proposed Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds, was jointly developed… Continue Reading

Agencies Issue Guidance on Capital Deduction Methodology

Posted in Banking
The Office of the Comptroller of the Currency (OCC), along with the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation, on November 6 issued interagency guidance to banking organizations within their respective jurisdictions. The interagency guidance addresses the deduction from regulatory capital for certain investments in covered funds pursuant… Continue Reading