News & Analysis as of

Federal Reserve Time Extensions 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

Ballard Spahr LLP

First Salvo by New Congress To Roll Back Dodd-Frank

Ballard Spahr LLP on

The House of Representatives recently passed, by a vote of 271-154, legislation that includes a delay in the implementation of the Volcker Rule until 2019. The proposed change would add two years to the maximum extension...more

Ballard Spahr LLP

Federal Reserve Issues Second Extension of Volcker Compliance Date, Previews Final Extension Next Year

Ballard Spahr LLP on

The Board of Governors of the Federal Reserve System (the Board) recently issued an order granting the second of three statutorily permitted one-year extensions for compliance by banking entities with the requirements of the...more

Latham & Watkins LLP

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

Latham & Watkins LLP on

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

Ballard Spahr LLP

Federal Reserve Extends Compliance Period under Volcker Rule for Collateralized Loan Obligations

Ballard Spahr LLP on

While collateralized loan obligation vehicles (CLOs) may ultimately have to be divested by “banking entities” subject to the Volcker Rule, the Federal Reserve Board (the Board) recently extended the compliance period for...more

Katten Muchin Rosenman LLP

Federal Reserve Extends Compliance Deadline for CLOs

On April 7, the Federal Reserve Board (Board) announced that it intends to exercise its authority to give banking entities two additional one-year extensions to conform their ownership interests in, and sponsorship of,...more

Dechert LLP

Federal Reserve Extends Volcker CLO Compliance Period

Dechert LLP on

On April 7th the Federal Reserve Board (the “Fed”) announced that it would provide banking entities with two additional one-year extensions to conform their ownership of CLOs covered by the Volcker Rule. The Fed stated that...more

8 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide