Market regulation · 06/08/2019

Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds

The Federal Reserve and the Office of the Comptroller of the Currency have revised rules to limit proprietary trading by banks and restrict relationships with hedge funds and private equity firms, in line with the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018.