{"id":16266,"date":"2010-06-17T08:31:19","date_gmt":"2010-06-17T12:31:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16266"},"modified":"2010-06-17T08:31:19","modified_gmt":"2010-06-17T12:31:19","slug":"banks-may-have-to-unload-hedge-fund-pe-accounts-after-all","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2010\/banks-may-have-to-unload-hedge-fund-pe-accounts-after-all.html","title":{"rendered":"Banks May Have to Unload Hedge Fund, PE Accounts After All"},"content":{"rendered":"<p>Fox Business &#8211; The nation\u2019s big banks will have to spin off tens of billions of dollars in private equity and hedge fund  assets as part    of the financial overhaul bill now being debated in Congress, FOX  Business has learned.<\/p>\n<p>That\u2019s because a less-publicized aspect of the so-called Volcker  Rule &#8211; a plank of the regulatory reform scheme devised    by presidential economic adviser Paul Volcker designed to prevent  banks from engaging in risky \u201cproprietary\u201d trading &#8211; also    scales back on other risky activities, such as having ownership  positions in hedge funds and private equity funds.<\/p>\n<p><a href=\"http:\/\/www.foxbusiness.com\/story\/markets\/industries\/finance\/banks-unload-hedge-fund-pe-accounts\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fox Business &#8211; The nation\u2019s big banks will have to spin off tens of billions of dollars in private equity and hedge fund assets as part of the financial overhaul bill now being debated in Congress, FOX Business has learned. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16266","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=16266"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16266\/revisions"}],"predecessor-version":[{"id":16267,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16266\/revisions\/16267"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}