Market regulation · 22/07/2019

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

The OCC, Board, FDIC, SEC, and CFTC are adopting final rules to amend the regulations implementing the Bank Holding Company Act's prohibitions and restrictions on proprietary trading and certain interests in, and relationships with, hedge funds and private equity funds, commonly known as the Volcker Rule. The rules exclude firms with $10 billion or less in total consolidated assets and five percent or less of total consolidated assets in trading assets and liabilities.