Saturday, February 26, 2011

Federal Reserve, Volcker Rule, Dodd-Frank, Proskauer Rose LLP,

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Publish Date
14 Feb 2011
Organisation
Proskauer Rose LLP
Summary
Section 619 of the Dodd-Frank Act, commonly known as the "Volcker Rule," added a new Section 13 to the Bank Holding Company Act of 1956 (the "BHC Act") that prohibits banking entities from engaging in proprietary trading and from investing in, sponsoring, or having certain relationships with, private equity funds or hedge funds.
Jurisdictions
  • United States
Sectors
  • Banking & Finance
  • Financial Services and Regulation"

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