Pia Naib

Pia Naib

Latham & Watkins LLP

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Federal Reserve Board Grants One-year Extension on Volcker Rule Conformance for Certain Covered Funds

The Federal Reserve today extended the Volcker Rule conformance period for legacy covered funds from July 21, 2015 to July 21, 2016, and also granted a further one year extension until July 21, 2017. At 3 pm today...more

12/19/2014 - Banks Covered Entities Dodd-Frank Federal Reserve Time Extensions Volcker Rule

Virtual Currencies: New York State Department of Financial Services Discusses Proposed Regulations

As the proposed BitLicense takes shape, New York regulators are engaging in discussions with industry players. On October 14, 2014 Benjamin N. Cardozo School of Law organized a panel discussion as part of its Tech...more

10/23/2014 - Bitcoins Department of Financial Services Virtual Currency

Virtual Currencies: New York State Department of Financial Services Releases Proposed Regulations

As the first of their kind, the proposed regulations may add legitimacy to virtual currencies, but the new regulatory regime could stifle innovation and development. On July 23, 2014, the New York State Department of...more

8/1/2014 - Banking Sector Bitcoins Cryptocurrency Department of Financial Services Federal Reserve Innovation Licensing Rules Proposed Regulation Public Comment Virtual Currency

Volcker Rule: An Initial Look at Significant Changes

On December 10, 2013 the US federal banking agencies, along with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) (collectively, the Agencies), adopted the ...more

12/24/2013 - Banks CFTC Dodd-Frank SEC Volcker Rule

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