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federal_register: 2010-25320

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts
2010-25320 Public Input for the Study Regarding the Implementation of the Prohibitions on Proprietary Trading and Certain Relationships With Hedge Funds and Private Equity Funds Notice The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") prohibits banking entities from engaging in proprietary trading and from maintaining certain relationships with hedge funds and private equity funds. These prohibitions, commonly known as the "Volcker Rule," are contained in Section 619 of the Dodd-Frank Act. Section 619 of the Dodd-Frank Act requires the Financial Stability Oversight Council ("FSOC") to study and make recommendations on implementing the Volcker Rule. Under Section 619, the Office of the Comptroller of the Currency ("OCC"), the Federal Deposit Insurance Corporation ("FDIC"), the Board of Governors of the Federal Reserve System ("Board"), the Securities and Exchange Commission ("SEC") and the Commodity Futures Trading Commission ("CFTC") must consider the recommendations of the FSOC study in developing and adopting regulations to implement the Volcker Rule. To assist the FSOC in conducting the study and formulating its recommendations, the FSOC is issuing this request for information through public comment. 2010-10-06 2010 10 https://www.federalregister.gov/documents/2010/10/06/2010-25320/public-input-for-the-study-regarding-the-implementation-of-the-prohibitions-on-proprietary-trading https://www.govinfo.gov/content/pkg/FR-2010-10-06/pdf/2010-25320.pdf Financial Stability Oversight Council 565 The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") prohibits banking entities from engaging in proprietary trading and from maintaining certain relationships with hedge funds and private equity funds. These...

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