On February 9, 2011, the Board issued a final rule to implement the provisions of the Act that give banking firms a period of time to conform their activities and investments to the prohibitions and restrictions of the Volcker Rule. (Section 619(c)(6))  1/21/11  Completed. 12. Final Rule to Allow Interest on Demand Deposits [R-1413].
On July 14, 2011, the Board issued a final rule repealing Regulation Q and allowing payment of interest on demand deposits at institutions that are member banks of the Federal Reserve System. (Section 627)  No Deadline  Completed. 13. Proposed Rule on Registration of Securities Holding Companies [R-1430].