Volcker Rule Goes Easy On Real Estate Funds

Law360, New York (December 10, 2013, 9:19 PM EST) -- Tweaks made to the Volcker Rule in the lead up to regulators' approval of final implementation Tuesday detail exemptions for certain types of funds that have many in the real estate industry breathing a sigh of relief, but experts say those who deal in collateralized loan obligations may be the exception.

The final version of the rule, which is the Dodd-Frank Act's ban on proprietary trading by banks, takes a hard line on hedging in an effort to prevent major bank losses like those seen during...
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