Volcker Rule QuickCharts
Volcker Rule Effective as of April, 2015
In December, 2014, the Federal Reserve Board announced that five federal agencies issued final rules to implement section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “ Volcker Rule ”). The final section, effective as of April, 2015, imposes new and potentially severe limitations on domestic and foreign banking entity activity in regard to proprietary trading and investments in ”covered funds.” This exceedingly complex Rule, overseen by five regulators, will continue to be subject to ongoing modification, varying interpretations, and presents many new compliance issues for the affected firms.
Stay Current with the All New Volcker Rule QuickCharts
The Volcker Rule QuickCharts provides a holistic view and covers every aspect of the Rule with ongoing updates from Trading and Covered Fund Activities/Investments to Compliance Programs to help legal practitioners and corporate counsel navigate within the complex, evolving environment. As an example, if one needs to quickly understand the controversy and effect the Volcker Rule regulations have on investments in collateralized debt obligations that are backed by trust preferred securities (TruPS CDOs), the Covered Fund Definitions section groups the analysis on the topic with a compilation of government and industry documents that trace the debate surrounding the interim rule adopted by the regulators to respond to industry concerns. By providing all of the material for each regulatory requirement at one’s fingertips, Volcker Rule QuickCharts saves time when looking for all of the historical material tracing the development of the regulations.
QuickCharts is a workflow tool that allow practitioners to quickly select topics related to the Volcker Rule and see a quick summary of the latest information with links to any related primary source material as well as any effective dates. Within seconds, QuickCharts provide answers that practitioners can save and export to Microsoft Word or Excel for future use.
|Product Line||Wolters Kluwer Legal & Regulatory U.S.|