Public Policy behind Sec. 619 The public policy behind the Volcker Rule is fairly apparent. As the Chairman of the Federal Reserve from 1979-87, Paul Volcker (and the rule that bears his name) seeks a nostalgic return to a time when he was directing US monetary...
Legislative Intent and History Behind Section 619 Section 619(b) declares that no later than six months after the enactment of this section, the Financial Stability Oversight Council (“FSOC”) shall study and make recommendations on implementing the provisions of this...
Plain Meaning of Sec. 619(d)(4) Among the numerous exceptions to the Volcker Rule’s restriction on investments with hedge funds or private equity funds is the “de minimis investment” exception. Originally derived from the latin de minimus non curat lex, which...
Topic III: Sec. 619(d)(4). De Minimis Exception To the Volcker Rule Plain Meaning Of The Rule To Which A De Minimis Investment Is Excepted Among the most expansive and controversial sections of the Dodd-Frank Act is section 619, also known as “The Volcker Rule”....
Legislative Intent And Section 342 The social aims of section 342 were heavily advocated by US Representative Maxine Waters.. There is no question that the goals of the OMWI are noble and should be lauded; and diversity in the workplace is shown to foster an...
TOPIC II: Section 342. New offices of minority and women inclusion Plain Meaning Of Section 342 Section 342 of Dodd-Frank creates a new Office of Minority and Women Inclusion (OMWI) at 20 different federal agencies. Section 342(a)(1)(A) broadly proclaims that as of...