New Final Rule Eases Prop Trading and Compliance under the Volcker Rule, with Future Proposals on Covered Funds to Come

New Final Rule Eases Prop Trading and Compliance under the Volcker Rule, with Future Proposals on Covered Funds to Come


By: V. Gerard Comizio, Nathan S. Brownback

On August 20, 2019, the Federal Deposit Insurance Corporation (“FDIC”) and the Office of the Comptroller of the Currency (“OCC”) announced that they, and the other three federal financial services agencies (“Agencies”), were issuing a final rule amending the Volcker Rule (“Final Rule”).

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