INVESTMENT FUNDS: An overview of our practice
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In addition, the Volcker Rule does not apply to Banking Entity’s investing in or sponsoring hedge funds
or private equity funds that occur solely outside the United States as long as (i) no ownership interest
in such funds is offered to U.S. residents, and (ii) the Banking Entity is not directly or indirectly
controlled by another Banking Entity that is organized under the laws of the United States or a U.S.
state).
Under the Act, the Federal banking agencies, the SEC, the CFTC and the Board of Governors of the
Federal Reserve System (the “Fed”) will coordinate to...
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INVESTMENT FUNDS: An overview of our practice
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INVESTMENT FUNDS: An overview of our practice
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