*Letters

The Volcker Rule Illiquid Funds and the Failure to Implement Congressional Intent

Published on:
March 1, 2016

SIFMA and American Bankers Association (ABA) provided comments to the Federal Reserve Board on Volcker Rule conformance period for legacy illiquid funds. SIFMA and ABA believes the approach taken by the Board fails to implement congressional intent and reduces the safety and soundness of banking entities without furthering any policy goal of the Volcker Rule.

See also:

Order Approving Extension of Conformance Period Under Section 13 of the Bank Holding Company Act 

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.