S 2223
112th Congress
Senate
Finance and Financial Sector
Bank accounts, deposits, capital
Banking and financial institutions regulation
Financial services and investments
Securities
A bill to address the implementation of certain prohibitions under the Bank Holding Company Act of 1956, and for other purposes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 22, 2012
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 22, 2012
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1
Cosponsors
1