Insights & Publications
Diversity & Inclusion
© 2021 Debevoise & Plimpton LLP
New Volcker Rule FAQs Provide Guidance on Market Making in Covered Funds and CEO Certification for Prime Brokerage Transactions
28 September 2015
View Client Update
On September 25, 2015, the Federal Reserve and other agencies charged with implementing the Volcker Rule issued two new Frequently Asked Questions to clarify certain aspects of the final Volcker Rule regulations.
One of the FAQs provides guidance on the agencies’ expectations for market making in covered fund interests.
The second FAQ specifies the appropriate timing for the annual CEO certification required for use of the prime brokerage exception to the so-called Super 23A prohibition under the Final Rule.
Regional & Other Practices
Satish M. Kini
UK Modern Slavery Act Transparency Statement
Debevoise Login (2)
Debevoise Women's Review