S 2223 · 112th Congress · Finance and Financial Sector
A bill to address the implementation of certain prohibitions under the Bank Holding Company Act of 1956, and for other purposes.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2012-03-22)
Plain Language Summary
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Amends the Bank Holding Company Act of 1956 to delay the effective date for specified prohibitions against proprietary trading by banking entities and certain relationships with hedge funds and private equity funds (Volcker Rule) to the later of either 12 months after issuance of final implementing rules, or 2 years after July 21, 2010.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
3 Democrats2 Republicans