Douglas Landy, partner in Milbank’s Leveraged Finance Group, participated as a panelist on the “Volcker Rule: Proprietary Trading Ban” panel at the Institute of International Bankers (IIB) Dodd-Frank Seminar at the New York offices of Skadden Arps on January 23, 2015.
The focus of this panel included the impact of the proprietary trading ban on the Treasury function and cross-currency swaps; the ban’s impact on offshore trading in foreign government securities; CEO attestation requirements; metrics reporting; and market making and SOTUS exceptions.