Financial Regulators Modify Volcker Rule

Five federal regulatory agencies today finalized a rule modifying regulations implementing the Volcker Rule’s prohibition on banking entities investing in or sponsoring hedge funds or private equity funds—known as covered funds.

Five federal regulatory agencies today finalized a rule modifying regulations implementing the Volcker Rule's prohibition on banking entities investing in or sponsoring hedge funds or private equity funds—known as covered funds.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-82.html