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Deadlines Volcker Rule

Morrison & Foerster LLP

Federal Reserve Officially Extends Volcker Rule Conformance Period with Respect to “Legacy Covered Funds” to July 21, 2017

The Board of Governors of the Federal Reserve System (“Federal Reserve”), consistent with its previously announced intention, extended the conformance period with respect to investments in and relationships with covered funds...more

Goodwin

Volcker Rule Conformance Period for Legacy Covered Fund Activities Extended One Year

Goodwin on

On July 7, 2016, the Board of Governors of the Federal Reserve System announced that it has further extended the conformance period under the Volcker rule until July 21, 2017, to allow banking entities to conform their...more

Morrison & Foerster LLP

Volcker Rule: Guidance on the Conformance Period

On April 19, 2012, the Federal Reserve Board (the “Board”) issued an interpretation that provides some clarity on the time period for a banking entity to comply with the Volcker Rule but that raises two other questions about...more

Orrick, Herrington & Sutcliffe LLP

As Volcker Rule Implementation Lumbers On – Some Practical Considerations

The “Volcker Rule,” enacted into law on July 21, 2010 as Section 619 of the Dodd- Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”), subject to certain exceptions, prohibits a “Banking Entity” from...more

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