Volcker rule: Text of the Final Common Rules

(All Agencies)

The text of the final common rules appears below:

PART [ ] —PROPRIETARY TRADING AND CERTAIN INTERESTS IN AND RELATIONSHIPS WITH COVERED FUNDS SUBPART A Authority and Definitions

Section 1 Authority, purpose, scope, and relationship to other authorities.

Section 2 Definitions.

SUBPART B Proprietary Trading

Section 3 Prohibition on proprietary trading.

Section 4 Permitted underwriting and market making-related activities.

Section 5 Permitted risk-mitigating hedging activities.

Section 6 Other permitted proprietary trading activities.

Section 7 Limitations on permitted proprietary trading activities.

Section 8 [Reserved]

Section 9 [Reserved]

SUBPART C Covered Fund Activities and Investments

Section 10 Prohibition on acquiring or retaining an ownership interest in and having certain relationships with a covered fund.

Section 11 Permitted organizing and offering of a covered fund.

Section 12 Permitted investment in a covered fund.

Section 13 Other permitted covered fund activities and investments.

Section 14 Limitations on relationships with a covered fund.

Section 15 Other limitations on permitted covered fund activities and investments.

Section 16 [Reserved]

Section 17 [Reserved]

See full text here: Volcker Rule

Volcker rule: Text of the Final Common Rules


Get Our Free In-Depth Books On Famous Investors and like our Facebook page for latest news updates and leaks. Also sign-up for our free under the radar small cap newsletter.