Mar 12, 2020
The federal banking regulators, SEC, and CFTC have jointly proposed
revisions to the Volcker Rule that address the prohibitions and
restrictions regarding covered fund activities in the same way that
the agencies’ August 2019 rulemaking primarily focused on the
Volcker Rule’s restrictions on proprietary trading. The agencies
intend for the proposed revisions to clarify, streamline, and ease
the compliance burden of the covered funds provisions of the
Volcker Rule.