Article
Federal Reserve Board Extends Volcker Rule Conformance Period
On December 18, 2014, the Federal Reserve Board announced that under section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"), also known as the Volcker Rule, banking entities will be given until July 21, 2016 to conform their relationships and investments in legacy covered funds (those in place before December 31, 2014).
A&O Shearman



