Financial Stability Oversight Council lays down tough compliance targets

As mandated by the Dodd-Frank Act, the FSOC conducted a study on how best to implement Section 619 of the Act (commonly known as the "Volcker Rule"), which is designed to improve the safety of our nation's banking system by prohibiting proprietary trading activities and certain private fund investments.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

The FSOC's study puts forward recommendations designed to effectively and comprehensively implement the Volcker Rule in a manner that constrains risk-taking by, and promotes the safety and soundness of, banking entities.

Read the full report:

Download the document now 727.4 kb (PDF File)
Sponsored [Webinar] 2025 Fraud Trends: Synthetic Identity, AI and Incoming Mandates

Comments: (0)

New Event Report – Natural Capital FinanceFinextra PromotedNew Event Report – Natural Capital Finance