Volcker Rule: Current View of Potential Implications

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Recommended that you register at least two weeks in advance.

Course Features

  • Course date:03/25/2020
  • Course Duration: 1 Day
  • Level: Intermediate
  • Prerequisites: None
  • Method: Live & Virtual
  • Venue: 115 Broadway, NY, NY 10006
  • Time: 9:00 am – 5:00 pm
  • Dress Code: Business Casual

Volcker Rule: Current View of Potential Implications

The new Volcker Rule goes into effect in January 2020.  The five federal bank and financial regulatory agencies finalized revisions to the Volcker Rule in October 2019. The changes will impact banks’ proprietary trading and compliance programs. What is often neglected is that wise implementation of the Volcker Rule can help banks increase revenues and reduce costs. This course will help auditors, risk managers, compliance officers, and other relevant banking personnel identify key changes that need to be made in their Volcker Rule implementation processes in order to be compliant but also to improve their return on investment. The course instructor, Mayra Rodriguez Valladares has been consulting and training on the Volcker Rule for almost a decade and has published extensively about the rule in American Banker and Forbes.

Learning Objectives

At the end of this class, participants will be able to:

  • Enumerate and analyze components of the Volcker Rule
  • Define metrics relevant to Volcker Rule compliance
  • Discussion calculation of relevant metrics
  • Analyze the impact of the new rule on reporting requirements
  • Compare and contrast issues that will arrive for Globally Systemically Important Banks (GSIBs) and Foreign Bank Organizations (FBOs)

Module I:  Original Volcker Rule vs. Newly Revised Volcker Rule

  • Describe all products covered by the Volcker Rule
  • Discuss all exclusions and exemptions
  • Describe changes to market making, risk mitigating and liquidity exemptions
  • Show different compliance requirements for different banks based on their traded assets and liabilities

Module II:  Required Metrics

  • Discuss metrics banks that will have to be maintained
    • Calculation and data requirements for the metrics

Module III: Preparing for the Volcker Rule

  • Identify how banks are changing their business strategies
  • Enumerate how banks will have to prepare to meet Volcker Rule underwriting and market-making exemptions
  • Discuss changes to compliance and auditing requirements at banks
  • Identify elements that will have to be included in updated compliance manuals
  • Evaluate how banks’ data collection and monitoring requirements will have to change
  • Analyze ways banks will have to prepare to change and document hedging strategies to be in Volcker Rule compliance

Case Study

Module IV: Role of Supervisors and Examiners

  • Discuss the role of the different regulators in enforcing and monitoring Volcker Rule compliance
  • Enumerate challenges regulators will have with banks’ Dodd-Frank implementation

Mayra’s latest article on Volcker Rule:

The Volcker Rule Should Be Strengthened For Big Banks And Made Transparent


  • Mayra Rodríguez Valladares is the Managing Principal of MRV Associates.  She specializes in training and consulting solutions for Basel III, Dodd-Frank, risk management, financial derivatives, capital markets, foreign exchange, and corporate finance.  She has worked with the private sector and foreign central banks in the US, UK, Latin America Eastern Europe, Central, and Southeast Asia, …
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