H.R.4049: Volcker Rule Relief Act of 2105

About This Bill

  • Introduced Nov. 17, 2015
  • Latest Major Action Nov. 17, 2015

Bill Sponsor

Bill Cosponsors

2 (All Republicans)

Bill Summary

Volcker Rule Relief Act of 2015 This bill amends the Bank Holding Company Act of 1956 with respect to the prohibition ("Volcker Rule") against a banking entity's: (1) engaging in proprietary trading; or (2) acquiring or retaining any equity, partnership, or other ownership interest in, or sponsoring, hedge funds or private equity funds. "Banking entity" shall not include (and so the Volcker Rule shall not apply to) any entity that: is not...

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 17, 2015
Referred to the House Committee on Financial Services.
Nov. 17, 2015

Introduced in the House by Mia Love (R-Utah)

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