Alumni

Eco & Public Policy Forum - Voelker Rule

Chicago Booth Alumni Club of Chicago

June 25, 2014: 12:00 PM - 1:15 PM

The Volcker Rule generally prohibits banking entities from engaging in short-term proprietary trading for their own account and from owning, sponsoring, or having certain relationships with hedge funds or private equity funds.

Where

Kopecky, Schumacher & Bleakley, P.C.
Suite 1620
203 N. LaSalle St.
Chicago, Illinois

Event Details

Please do the pre-reading below to prepare for our informal discussion group among peers. We hope that you will join us over lunch for a discussion with your peers. (Lunch is included in the price.)

THE VOLCKER RULE

Jerry Loeser, a regular member of our forum, will be moderating this discussion. Jerry is an attorney of counsel to Winston & Strawn LLP with extensive experience in counseling financial services clients on bank regulation.

PRE-READING:

Hot Issues for Directors: Director Oversight Responsibilities—Cybersecurity and the Volcker Rule, Winston & Strawn, Jerry Loeser, et al (slides 6-9)

http://cdn2.winston.com/images/content/7/7/v2/77515/Webinar-Hot-Issues-for-Directors.pdf

The Volcker Rule, How a Simple Idea to Rein in Banks got Supersized, Yalman Onaran, Bloomberg 01/17/14

http://www.bloomberg.com/quicktake/the-volcker-rule/

Final Rules to Implement the "Volcker Rule," Fact Sheet released jointly by: Board of Governors of the Federal Reserve System, CFTC, FDIC, OCC, and SEC

http://www.federalreserve.gov/newsevents/press/bcreg/bcreg20131210a3.pdf

Volcker Rule Ushers in Era of Increased Oversight of Trades, Silla Brush, et al., Bloomberg

http://www.bloomberg.com/news/2013-12-10/volcker-rule-eases-market-making-while-hedges-face-new-scrutiny.html 

ADDITIONAL RESOURCES:

The "Volcker Rule" for Financial Institutions, President Obama announcement 01/21/10 (8 min video)

http://www.whitehouse.gov/photos-and-video/video/volcker-rule-financial-institutions#transcript

American Bankers Association, ABA Position and links to multiple articles on the Volcker Rule

http://www.aba.com/Issues/Pages/Volcker-Rule.aspx

Cost

Booth Club Members: $14.00

Booth Students: $14.00

Non-Members: $16.00

Registration

Register Online

Deadline: 6/24/2014

Questions

Elizabeth Bleakley 

312-636-6684

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