Volcker Rule – Proposed Regulations

This week, the Federal Banking Agencies released their proposed regulations implementing the Volcker Rule. Rather than prepare a traditional law firm summary, we have prepared two sets of slides – one that graphically maps the key restrictions on proprietary trading and another that maps the key restrictions on relationships with hedge funds or private equity funds. Each set of slides includes an annex providing a deeper dive into the quantitative metrics, market making and compliance requirements. We hope the slides will allow readers to visualize the structure of the Volcker Rule, making it easier to understand and analyze.

Interactive versions of the flowcharts are available at http://www.volckerrule.com, which is part of the Davis Polk Portal. As we develop additional features for the flowcharts, we will upload them to this site. To view or print PDF versions of the flowcharts and annexes, click below: