Wednesday, December 28, 2011
Four federal agencies extended until February 13, 2012 the comment period on a proposal to implement the so-called Volcker Rule of the Dodd-Frank Act. The comment period was extended as part of a coordinated interagency effort to allow interested persons more time to analyze the issues and prepare their comments. Originally comments were due by January 13, 2012.
The proposal was issued by the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission.