{"id":3959,"date":"2014-03-10T11:00:40","date_gmt":"2014-03-10T15:00:40","guid":{"rendered":"http:\/\/centerforfinancialstability.org\/wp\/?p=3959"},"modified":"2014-03-10T11:00:40","modified_gmt":"2014-03-10T15:00:40","slug":"house-bill-would-clarify-ownership-interest-definition-for-clos-under-volcker-rule","status":"publish","type":"post","link":"https:\/\/centerforfinancialstability.org\/wp\/2014\/03\/10\/house-bill-would-clarify-ownership-interest-definition-for-clos-under-volcker-rule\/","title":{"rendered":"House Bill Would Clarify Ownership Interest Definition for CLOs under Volcker Rule"},"content":{"rendered":"<p>U.S. Congressman Andy Barr (R-KY) introduced a bill (H.R. 4167) to amend the Volcker Rule to exclude certain collateralized loan obligations (&#8220;CLOs&#8221;) from the prohibition against a &#8220;banking entity&#8221; (essentially a bank or any affiliate of a bank) acquiring or retaining an ownership interest in a hedge fund or private equity fund.&nbsp; <!-- break --><\/p>\n<p class=\"Body\">The bill was referred to the House Committee on Financial Services on March 6, 2014.&nbsp;<\/p>\n<p class=\"Comment_Box\"><span class=\"Subheader\">See: <\/span><span class=\"Body\"><a href=\"http:\/\/financialservices.house.gov\/uploadedfiles\/barr_030_xml.pdf\">Discussion Draft of H.R. 4167<\/a>; <a href=\"http:\/\/thomas.loc.gov\/cgi-bin\/bdquery\/z?d113:hr4167:\">Bill Summary and Status Report<\/a>. <\/span><br \/><span class=\"Subheader\">Related news: <\/span><span class=\"Body\"><a href=\"http:\/\/centerforfinancialstability.org\/wp\/?p=3666\" title=\"Trade Associations Request Further Clarification Regarding Ownership Interests for Debt Securities under New Volcker Rule Regulations\">Trade Associations Request Further Clarification Regarding Ownership Interests for Debt Securities under New Volcker Rule Regulations<\/a> (January 8, 2014); <a href=\"http:\/\/centerforfinancialstability.org\/wp\/?p=3623\" title=\"Trade Associations Request Clarifications Regarding Holding Debt Securities Under New Volcker Rule Regulations\">Trade Associations Request Clarifications Regarding Holding Debt Securities under New Volcker Rule Regulations<\/a> (December 26, 2013).<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Congressman Andy Barr (R-KY) introduced a bill (H.R. 4167) to amend the Volcker Rule to exclude certain collateralized loan obligations (&#8220;CLOs&#8221;) from the prohibition against a &#8220;banking entity&#8221; (essentially a bank or any affiliate of a bank) acquiring or &hellip; <a href=\"https:\/\/centerforfinancialstability.org\/wp\/2014\/03\/10\/house-bill-would-clarify-ownership-interest-definition-for-clos-under-volcker-rule\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-3959","post","type-post","status-publish","format-standard","hentry","category-reg"],"_links":{"self":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/3959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/comments?post=3959"}],"version-history":[{"count":2,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/3959\/revisions"}],"predecessor-version":[{"id":3961,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/3959\/revisions\/3961"}],"wp:attachment":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/media?parent=3959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/categories?post=3959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/tags?post=3959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}