United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2011_register executive 2011-02-12 article Rules and Regulations D09002ee1c80053c0 D09002ee1c800549e United States Federal Reserve System originator org United States Government Agency or Subagency The Board is adopting a final rule to implement the conformance period during which banking entities and nonbank financial companies supervised by the Board must bring their activities and investments into compliance with the prohibitions and restrictions on proprietary trading and relationships with hedge funds and private equity funds imposed by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"). Section 619 is commonly referred to as the "Volcker Rule." The final rule is similar to the proposal issued for comment in November 2010. The Board, however, has incorporated a number of changes to the final rule to address issues raised by public commenters, to reduce potential regulatory burdens, and to clarify application of the rule. 76 FR 8265 https://www.govinfo.gov/app/details/FR-2011-02-14/2011-3199 2011-3199 fr14fe11-1 RIN 7100-AD58 6210-01-P https://www.govinfo.gov/app/details/FR-2011-02-14/2011-3199 https://www.govinfo.gov/content/pkg/FR-2011-02-14/html/2011-3199.htm https://www.govinfo.gov/content/pkg/FR-2011-02-14/pdf/2011-3199.pdf Administrative Practice and Procedure Banks Banking Holding Companies Reporting and Recordkeeping Requirements Securities 14 p. 8265 8278 76 FR 8265 Title 12 Part 225 12 CFR Part 225 RIN 7100-AD58 Conformance Period for Entities Engaged in Prohibited Proprietary Trading or Private Equity Fund or Hedge Fund Activities; Federal Register Vol. 76, Issue RULE 2011-3199 FEDERAL RESERVE SYSTEM 2011-04-01 6210-01-P 2011-3199 Final rule.

The Board is adopting a final rule to implement the conformance period during which banking entities and nonbank financial companies supervised by the Board must bring their activities and investments into compliance with the prohibitions and restrictions on proprietary trading and relationships with hedge funds and private equity funds imposed by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"). Section 619 is commonly referred to as the "Volcker Rule." The final rule is similar to the proposal issued for comment in November 2010. The Board, however, has incorporated a number of changes to the final rule to address issues raised by public commenters, to reduce potential regulatory burdens, and to clarify application of the rule.

The final rule is effective on April 1, 2011. Brian P. Knestout, Senior Attorney, (202) 452-2249, Jeremy R. Newell, Senior Attorney, (202) 452-3239, Christopher M. Paridon, Senior Attorney, (202) 452-3274, or Kieran J. Fallon, Associate General Counsel, (202) 452-5270, Legal Division; David K. Lynch, Division of Banking Supervision and Regulation, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW., Washington, DC 20551. Users of Telecommunication Device for Deaf (TDD) only, call (202) 263-4869. Administrative Practice and Procedure Banks Banking Holding Companies Reporting and Recordkeeping Requirements Securities Conformance Period for Prohibited Proprietary Trading or Private Equity or Hedge Fund Activities , http://www.treasury.gov/initiatives/Documents/Volcker%20sec%20%20619%20study%20final%201%2018%2011%20rg.pdf Vol. 76, no. 30 Office of the Federal Register, National Archives and Records Administration 2011-02-14 continuing daily deposited born digital 346 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2011-02-14 P0b002ee180be605d 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr14fe11 https://www.govinfo.gov/app/details/FR-2011-02-14 https://www.govinfo.gov/content/pkg/FR-2011-02-14/pdf/FR-2011-02-14.pdf https://www.govinfo.gov/content/pkg/FR-2011-02-14/xml/FR-2011-02-14.xml fdlp 8265 8601 DGPO 2011-02-12 2024-06-04 FR-2011-02-14 machine generated eng FR FR-2011-02-14 76 30