The Volcker Rule Proposal Many Questions, Few Answers
November 01, 2011
This is the first in a series of client alerts that will explore various issues presented by the current interagency proposal to implement the Volcker Rule. This alert presents an overview of the structure of the Agencies proposal to implement the Volcker Rule's restrictions on the ability of banks to engage in proprietary trading and invest in hedge funds and private equity funds.
It also discusses the general parameters of the proposed rule, and highlights some of the important issues raised in the almost 400 questions set forth in the proposal, that are categorized