Alert December 17, 2013

Covered Funds Aspects of the Volcker Rule – Frequently Asked Questions

Goodwin Procter’s Financial Institutions Group has prepared a summary of answers to frequently asked questions (FAQs) concerning the Volcker rule’s prohibitions on banking entities’ sponsorship of and investments in certain types of private funds (i.e., covered funds).  Click here to access the FAQs.  Goodwin Procter is preparing a companion summary that will address the proprietary trading aspects of the Volcker rule that we expect to provide in the near future.
For more information, please contact William E. Stern, or your regular Goodwin Procter contact.