What the Volcker Rule Changes Mean for Family Offices
07 Oct 2020
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Recent changes to the Volcker Rule provide banks with more flexibility to invest in or sponsor certain activities in hedge funds, private equity funds and family wealth management vehicles – known collectively as “covered funds.” The exclusion of family wealth management vehicles and other funds from the covered fund provisions is clearly a big win for banks. But what about family offices? Read the article to learn more.
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