S.2223: A bill to address the implementation of certain prohibitions under the Bank Holding Company Act of 1956, and for other purposes.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced March 22, 2012
  • Latest Major Action March 22, 2012

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 22, 2012

Introduced in the Senate by Michael D. Crapo (R-Idaho)

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