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SEC

RIN: 3235-AL07

Publication ID: Spring 2014

Title: Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds
Abstract: The Commission, together with the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation, adopted new rules to implement the prohibitions under section 619 of the Dodd Frank Act on proprietary trading and certain relationships with hedge funds and private equity funds.
Agency: Securities and Exchange Commission(SEC)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Completed Actions
Major: Yes	Unfunded Mandates: No
CFR Citation: 17 CFR 255
Legal Authority: 12 USC 1851

Legal Deadline:

Action	Source	Description	Date
Final	Statutory		10/18/2011

Overall Description of Deadline: New section 13 of the Bank Holding Company Act requires the Commission, within 9 months of a related Financial Stability Oversight Council study (which was published Jan. 18, 2011), to adopt rules to carry out the section's requirements.

Timetable:

Action	Date	FR Cite
NPRM	11/07/2011	76 FR 68846
NPRM Comment Period End	01/13/2012
NPRM Comment Period Extended	01/03/2012	77 FR 23
NPRM Comment Period Extended End	02/13/2012
Final Action	01/31/2014	79 FR 5536
Final Action Effective	04/01/2014

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.sec.gov/rules/final/2013/bhca.pdf
RIN Data Printed in the FR: No
Related RINs: Related to 1557-AD44, Related to 7100-AD82, Related to 3064-AD85	Related Agencies: Joint: TREAS, FDIC, CFTC, FRS;
Agency Contact: Angela Mokodean Division of Investment Management Securities and Exchange Commission 100 F Street NE, Washington, DC 20549 Phone:202 551-5490 Email: mokodeana@sec.gov