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Flashcards in Dodd Frank Deck (4):
1

What is considered the biggest change to financial regulation since the Great Depression of the 1930s?

The Dodd-Frank Wall Street Reform Act of 2010

2

What is the goal of the Volcker Rule?

Banking Institutions maintain healthy capitalization ratios

3

How does the Volcker Rule limit banking institutions?

Limits banking institutions from owning more than 3% of a hedge fund's total ownership interest

Limits banking institutions from owning interests in hedge funds that exceed 3% of their Tier 1 Capital (Common Stock + Retained Earnings + non-redeemable; non-cumulative Preferred Stock)

4

What does the Volcker Rule require banking institutions to disclose?

Relationships with hedge funds must be fully disclosed to regulators