Volcker Rule:
the Agencies' Proposed Rules

IFLR Webinar

11/21/2011 11:00 a.m. - 12:30 p.m. EST

Banking + Financial Services, Corporate Finance | Capital Markets, and Financial Institutions + Financial Services

Oliver I. Ireland

Oliver I. Ireland

Webinar

Christie Adams
cadams@mofo.com
(212) 336-4024

The federal financial regulatory agencies have agreed to publish proposed rules that implement the proprietary trading and private fund sponsorship and investment prohibitions of the Dodd-Frank Act's Volcker Rule. Several of the participating agencies have already published the proposed rules for public comment. The proposed rules can be accessed here.

In addition to applying the basic restrictions of the Volcker Rule to covered banking entities, the proposed rules would create a number of significant regulatory compliance, corporate governance and reporting obligations for affected financial institutions.

Topics include:

  • Proprietary trading
    • What is proprietary trading?
    • Dealing, underwriting and market-making activities
    • Trading in exempted financial instruments
    • Impact on derivatives, securitizations and structured finance activities
    • Permitted hedging and customer trading activities
  • Private equity and hedge funds
    • Scope of private equity/hedge funds prohibitions
    • Exempted private equity/hedge fund activities
  • Impact on foreign bank trading and private equity/hedge fund activities
  • Conflicts of interest and "high risk" activities
  • Compliance, governance and reporting requirements

Moderator:

  • Lukas Becker
    International Financial Law Review

Speakers:

  • Oliver Ireland
    Partner, Morrison & Foerster LLP
  • Charles Horn
    Partner, Morrison & Foerster LLP

CLE credit is pending.

There is no cost to participate.

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