# Statement of Policy Regarding the Conformance Period for Entities Engaged in Prohibited Proprietary Trading or Private Equity Fund or Hedge Fund Activities
> **US Federal Reserve System** · Notification of policy statement. · Published 2012-06-08 · Effective 2012-06-08 · 77 FR 33949
## Document
- **Document number:** 2012-13937
- **Category:** other
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 77 FR 33949
- **CFR reference:** 12 CFR 225
- **Publication date:** 2012-06-08
- **Effective date:** 2012-06-08
- **Docket:** Docket No. OP-1441
## Abstract

The Board is issuing this guidance to provide clarity on the manner in which the conformance period would apply to various activities and investments covered by the requirements of section 619 of the Dodd-Frank Act. This guidance is identical to what the Board announced on its public Web site on April 19, 2012.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/06/08/2012-13937/statement-of-policy-regarding-the-conformance-period-for-entities-engaged-in-prohibited-proprietary)
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