Regulatory Alerts2019-08-06 | 2019-16634Added · Updated
Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds
The Federal Reserve, FDIC, SEC, and CFTC issued a final rule correction to amendatory instructions in their July 22, 2019, Volcker Rule regulations. This document fixes errors in the textual references within 12 CFR 248.11, 12 CFR 351.11, 17 CFR 75.11, and 17 CFR 255.11 that implement Section 13 of the Bank Holding Company Act. The correction ensures the regulatory text accurately reflects the statutory amendments made pursuant to the Economic Growth, Regulatory Relief, and Consumer Protection Act.
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