The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.
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Request for public comment on a proposed rule that would implement the so-called Volcker Rule requirements of Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act which 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.
* The Board has received more than 18,400 form letters on this proposal that are not being posted. The attached file (PDF) contains examples of the content of five different form letters.
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