Treasury Department, Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corporation, Securities and Exchange Commission
The OCC, Board, FDIC, and SEC (individually, an "Agency," and collectively, "the Agencies") are adopting a rule that would implement section 13 of the BHC Act, which was added by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd- Frank Act"). Section 13 contains certain prohibitions and restrictions on the ability of a banking entity and nonbank financial company supervised by the Board to engage in proprietary trading and have certain interests in, or relationships with, a hedge fund or private equity fund.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of the Comptroller of the Currency 12 CFR Part 44 [Docket No. OCC-2011-0014] RIN 1557-AD44 Board of Governors of the Federal Reserve System 12 CFR Part 248 [Docket No. R-1432] RIN 7100 AD82 Federal Deposit Insurance Corporation 12 CFR Part 351 RIN 3064-AD85 Securities and Exchange Commission 17 CFR Part 255 [Release No. BHCA-1; File No. S7-41-11] RIN 3235-AL07 AGENCY: Office of the Comptroller of the Currency, Treasury (“OCC”); Board of Governors of the Federal Reserve System (“Board”); Federal Deposit Insurance Corporation (“FDIC”); and Securities and Exchange Commission (“SEC”). ACTION: Final rule. SUMMARY: The OCC, Board, FDIC, and SEC (individually, an “Agency,” and collectively, “the Agencies”) are adopting a rule that would implement section 13 of the BHC Act, which was added by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”). Section 13 contains certain prohibitions and restrictions on the ability of a banking entity and nonbank financial company supervised by the Board to engage in proprietary trading and have certain interests in, or relationships with, a hedge fund or private equity fund. DATES: The final rule is effective April 1, 2014. FOR FURTHER INFORMATION CONTACT: OCC: Ursula Pfeil, Counsel, or Deborah Katz, Assistant Director, Legislative and Regulatory Activities Division, (202) 649-5490; Ted Do…
Other Federal Register documents from the same docket.
Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds
Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds
Citation: 79 FR 5536
