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Monday, June 29. 2020

Financial Regulators Modify Volcker Rule

On June 25th, five federal agencies including the SEC finalized changes related to the Volcker rule’s prohibition on banking entities investing in or sponsoring hedge funds or private equity funds. These funds are typically known as covered funds. Generally the Volcker rule prohibits banking entities from engaging in proprietary trading and from acquiring or retaining ownership interests in, sponsoring, or having certain relationships with covered funds.
Continue reading "Financial Regulators Modify Volcker Rule" »
Posted by
The Novaworks Team
in SEC at 17:32
(Page 1 of 1, totaling 1 entries)

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