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...
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”....
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...
Introduction: In 2011, Ryan Hemphill wrote a comprehensive analysis of the then-recently passed Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The following is Ryan Hemphill’s analysis of three distinct sections of the Act. The specific sections...