← Independent regulator rules (SEC/Fed/FDIC/SBA/FTC/NCUA/CPSC/FHFA/EEOC/NLRB)

Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds

Fed · final-rule · Published 2014-01-31 · Effective 2014-04-01 · 79 FR 5536

Document

Document number
2013-31511
Federal Register citation
79 FR 5536
CFR reference
12 CFR 44
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2014-01-31
Effective date
2014-04-01
Docket
Docket No. OCC-2011-0014

Abstract

The OCC, Board, FDIC, and SEC (individually, an "Agency," and collectively, "the Agencies") are adopting a rule that would implement section 13 of the BHC Act, which was added by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd- Frank Act"). Section 13 contains certain prohibitions and restrictions on the ability of a banking entity and nonbank financial company supervised by the Board to engage in proprietary trading and have certain interests in, or relationships with, a hedge fund or private equity fund.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown