|Course Code: 768
|Duration: 1 day
|CPE Credits: 7
|Prerequisite: Understanding of the general functioning of the equities, fixed income and derivatives markets, as well as an understanding of what hedge funds and private equity funds are.
Although the Volcker Rule (VR) went into effect in July of 2016, many firms remain unsure whether they are affected and, if so, how they are complying with all its aspects.
This one-day course will dissect the rule, examine the implications of each exemption, and set out strategies for compliance.
Topics for Discussion Include:
- The VR approach
- Enforcement programs
- Covered funds
- Affiliated funds
- Principal trading exemptions
- Process implications
- Enforcement experiences
- The EU
After attending this course, participants should be able to:
the implications of the VR approach
allowed and prohibited covered fund activities
transactions outside the VR
the requirements for each VR exemption
the implications for their various businesses
how the regulatory agencies are approaching enforcement