Western Independent Bankers Webcast: The Volker Rule – A Practical Discussion on the Final Rule Requirements

12 Mar 2014 02:00 p.m. - 03:00 p.m. EDT

Alexa Powers
(212) 336-4312

On December 10, 2013, the Federal Reserve, FDIC, OCC, SEC and CFTC issued the long-awaited Final Rule construing the Volcker Rule. The Volcker Rule generally prohibits, subject to exceptions, a bank from engaging in proprietary trading and from acquiring or retaining an ownership interest in or sponsoring a hedge fund or private equity fund. The Final Rule is complex in scope and has already elicited significant commentary and questions from the banking industry and the public at large. This webcast will discuss the impacts of the final Volcker Rule on community banks.

Topics of discussion include:

  • Exemption for Proprietary Trading
  • Limitations on Permitted Trading and Fund Activities
  • Fund Investment and Sponsorship
  • Impact on Foreign Banking Organizations
  • Definition of a Covered Fund
  • Impact on Securitizations
  • Compliance Program
  • Conformance Period
  • Collateralized Debt Obligations Backed Primarily by Bank-Issued Trust Preferred Securities (TruPS CDOs)




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