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Agencies Propose Amendments to Volcker Rule Covered Fund Provisions

By Barbara Mendelson, Henry Fields, Marc-Alain Galeazzi, Jiang Liu & Mark Sobin on February 11, 2020
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On January 30, 2020, five federal agencies proposed amendments to the Volcker Rule related to the prohibition on investing, sponsoring, and having certain relationships with covered funds (the “Proposed Funds Rule”). The Proposed Funds Rule comes on the heels of the conclusion of a separate rulemaking process dealing primarily with the Volcker Rule’s proprietary trading and compliance program requirements. Comments on the Proposed Funds Rule are due by April 1, 2020.

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  • Posted in:
    Financial
  • Blog:
    MoFo ReEnforcement: The Enforcement Blog
  • Organization:
    Morrison & Foerster LLP

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