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Course List
Introduction to the Securities Industry
Introduction to the Securities Industry
Introduction to U.S. Securities Processing
Securities Lending and Borrowing : An Operations Perspective
Foundations of Investment Management and Buyside Operations
Dealing with Change in the Financial Markets
Collateral Management: An Operations Perspective
International Issues
International Securities Operations
International Portfolio Accounting
Foreign Currency: Markets, Clearance, Settlement & Accounting
Foreign Exchange: Lifecycle of a Trade
Corporate Actions
U.S. Domestic Corporate Actions
Global Corporate Actions
Capital Markets
Capital Markets Overview
Capital Market Economics - Investigating the Linkages Between the Real Economy and the Financial Markets
Portfolio Management
Portfolio Management
Securities Analysis
Managing Risk
Risk in a Global Market - Management and Operational Challenges Looking Forward
Financial Management
Financial Accounting and Financial Mathematics
Financial Statement Analysis
Fixed Income Securities
Bond Math: Mathematics of the Fixed Income Market
Structured Securities: MBS, ABS, CDOs
Introduction to Fixed Income Products
Accounting for Fixed Income Securities and Derivatives
Mortgage-Backed Securities
Collateralized Debt Obligations and Credit Default Swaps (CDOs and CDS)
Fixed Income Analytics
Interest Rate Swaps and Credit Default Swaps
Fixed Income Securities Trade Processing and Operations
Accounting, Regulatory & Management
Stock Brokerage Accounting & Securities Regulations
Introduction to Private Equity Markets
Trading After the Volcker Rule
Dodd-Frank for Non-US Derivatives Users
Complying with the MiFID II/MAR Rules
Introduction to Derivative Products
Derivatives: Markets, Operations, Accounting & Control
Derivative Products: Risk Management and Valuation
Option Valuation and Trading
Equity Derivatives: Futures and Swaps
Interest Rate Futures and Swaps
Introduction to Options: Products, Trading & Processing
Swaps Processing and Operations
Commodity Futures: Energy, Metals and Agricultural
Equity Options: Strategies, Accounting and Operations
Mutual Funds
Introduction to Mutual Funds
Mutual Fund Operations

Course Description
Trading After the Volcker Rule
Available Dates:
There are no dates available.
Course Code: 768
Duration: 1 day
Level: Intermediate
Fee: $795.00
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
    • General requirements
    • General exemptions
    • Liquidity management
    • Underwriting
    • Hedging
    • Market-making
  • Process implications
  • Technology implications
  • Enforcement experiences
  • The EU version

After attending this course, participants should be able to:

  • Understand the implications of the VR approach
  • Identify allowed and prohibited covered fund activities
  • Identify transactions outside the VR
  • Identify the requirements for each VR exemption
  • Understand the implications for their various businesses
  • Understand how the regulatory agencies are approaching enforcement