Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-47.html
Agencies Will Consider Comments on Volcker Rule Modifications Following Expiration of Comment Period
Five federal financial regulatory agencies on Thursday announced that they will consider comments submitted before May 1, 2020, on their proposal to modify the Volcker rule’s general prohibition on banking entities investing in or sponsoring hedge fund…
Five federal financial regulatory agencies on Thursday announced that they will consider comments submitted before May 1, 2020, on their proposal to modify the Volcker rule's general prohibition on banking entities investing in or sponsoring hedge funds or private equity funds—known as "covered funds."