{"id":26257,"date":"2011-11-29T08:13:55","date_gmt":"2011-11-29T13:13:55","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26257"},"modified":"2011-11-29T08:13:55","modified_gmt":"2011-11-29T13:13:55","slug":"capital-one-to-exit-150-million-in-funds-citing-volcker-rule","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2011\/capital-one-to-exit-150-million-in-funds-citing-volcker-rule.html","title":{"rendered":"Capital One to Exit $150 Million in Funds, Citing Volcker Rule"},"content":{"rendered":"<p>Bloomberg &#8211; Capital One Financial Corp., the top performer this year in the KBW Bank Index, plans to sell or restructure hedge-fund and private-equity investments prohibited by new U.S. regulations.<\/p>\n<p>Capital One holds about $150 million in stakes disallowed under the so-called Volcker rule, the McLean, Virginia-based lender said in a letter to the Securities and Exchange Commission dated July 29 and made public today. The rule would bar banks from owning more than 3 percent of hedge funds and private-equity funds and investing more than 3 percent of Tier 1 capital in such funds.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2011-11-29\/capital-one-to-exit-150-million-in-funds-citing-volcker-rule.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Capital One Financial Corp., the top performer this year in the KBW Bank Index, plans to sell or restructure hedge-fund and private-equity investments prohibited by new U.S. regulations. Capital One holds about $150 million in stakes disallowed under [&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-26257","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26257","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=26257"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26257\/revisions"}],"predecessor-version":[{"id":26259,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26257\/revisions\/26259"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}