Title 12

PART 248

Part 248 - Proprietary Trading And Certain Interests In And Relationships With Covered Funds (regulation Vv)

PART 248 - PROPRIETARY TRADING AND CERTAIN INTERESTS IN AND RELATIONSHIPS WITH COVERED FUNDS (REGULATION VV) Authority:12 U.S.C. 1851, 12 U.S.C. 221 et seq., 12 U.S.C. 1818, 12 U.S.C. 1841 et seq., and 12 U.S.C. 3103 et seq. Source:79 FR 5779, 5804, Jan. 31, 2014, unless otherwise noted. Editorial Note:Nomenclature changes to part 248 appear at 79 FR 5804, Jan. 31, 2014.

• Authority: 12 U.S.C. 1851, 12 U.S.C. 221 et seq., 12 U.S.C. 1818, 12 U.S.C. 1841 et seq., and 12 U.S.C. 3103 et seq.
• Source: 79 FR 5779, 5804, Jan. 31, 2014, unless otherwise noted.

12:4.0.1.1.16.1	SUBPART A	Subpart A - Authority and Definitions
12:4.0.1.1.16.1.1.1	SECTION 248.1	248.1 Authority, purpose, scope, and relationship to other authorities.
12:4.0.1.1.16.1.1.2	SECTION 248.2	248.2 Definitions.
12:4.0.1.1.16.2	SUBPART B	Subpart B - Proprietary Trading
12:4.0.1.1.16.2.1.1	SECTION 248.3	248.3 Prohibition on proprietary trading.
12:4.0.1.1.16.2.1.2	SECTION 248.4	248.4 Permitted underwriting and market making-related activities.
12:4.0.1.1.16.2.1.3	SECTION 248.5	248.5 Permitted risk-mitigating hedging activities.
12:4.0.1.1.16.2.1.4	SECTION 248.6	248.6 Other permitted proprietary trading activities.
12:4.0.1.1.16.2.1.5	SECTION 248.7	248.7 Limitations on permitted proprietary trading activities.
12:4.0.1.1.16.2.1.6	SECTION 248.8-248.9	248.8-248.9 [Reserved]
12:4.0.1.1.16.3	SUBPART C	Subpart C - Covered Funds Activities and Investments
12:4.0.1.1.16.3.1.1	SECTION 248.10	248.10 Prohibition on acquiring or retaining an ownership interest in and having certain relationships with a covered fund.
12:4.0.1.1.16.3.1.2	SECTION 248.11	248.11 Permitted organizing and offering, underwriting, and market making with respect to a covered fund.
12:4.0.1.1.16.3.1.3	SECTION 248.12	248.12 Permitted investment in a covered fund.
12:4.0.1.1.16.3.1.4	SECTION 248.13	248.13 Other permitted covered fund activities and investments.
12:4.0.1.1.16.3.1.5	SECTION 248.14	248.14 Limitations on relationships with a covered fund.
12:4.0.1.1.16.3.1.6	SECTION 248.15	248.15 Other limitations on permitted covered fund activities.
12:4.0.1.1.16.3.1.7	SECTION 248.16	248.16 Ownership of interests in and sponsorship of issuers of certain collateralized debt obligations backed by trust-preferred securities.
12:4.0.1.1.16.3.1.8	SECTION 248.17-248.19	248.17-248.19 [Reserved]
12:4.0.1.1.16.4	SUBPART D	Subpart D - Compliance Program Requirement; Violations
12:4.0.1.1.16.4.1.1	SECTION 248.20	248.20 Program for compliance; reporting.
12:4.0.1.1.16.4.1.2	SECTION 248.21	248.21 Termination of activities or investments; penalties for violations.
12:4.0.1.1.16.5	SUBPART 0
12:4.0.1.1.16.6.1.1.10	APPENDIX Appendix A	Appendix A to Part 248 - Reporting and Recordkeeping Requirements for Covered Trading Activities

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