On October 11, the Board requested public comment on a proposed rule that would implement Section 619 of the 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 comment period will be open until January 13, 2012. (Section 619, generally)  10/11/11  Comment period open. 11. Final Rule to Implement the Volcker Rule Conformance Period [R-1397].