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ARTICLE · 24 NOVEMBER 2010
FRB Releases Proposed Rule to Implement Volcker Rule Conformance Periods
Goodwin Procter LLP
The FRB released a proposed rule (the "Proposed Rule") to implement the conformance periods during which banking entities and nonbank financial companies supervised by the FRB must bring their activities and investments into compliance with the prohibitions and restrictions on proprietary trading and relationships with hedge funds and private equity funds imposed by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the "Volcker Rule."
United StatesFinance and Banking
