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The Restoring Proven Financing for American Employers Act () is a bill that would "exempt existing collateralized loan obligations from the so-called "Volcker Rule," which bars banks from making risky trades with their own money and limits their investments in certain funds."〔 The bill passed in the United States House of Representatives during the 113th United States Congress.〔 ==Provisions of the bill== ''This summary is based largely on the summary provided by the Congressional Research Service, a public domain source.''〔(【引用サイトリンク】url=http://beta.congress.gov/bill/113th-congress/house-bill/4167 )〕 The Restoring Proven Financing for American Employers Act would amend the Bank Holding Company Act of 1956 with respect to certain prohibitions on proprietary trading by banking entities and certain relationships with hedge funds and private equity funds (Volcker Rule).〔 The bill would prohibit the Volcker Rule from being construed to require divestiture of any debt securities of collateralized loan obligations issued before January 31, 2014.〔 The bill would declare that a banking entity shall not be considered to have an ownership interest in a collateralized loan obligation because it acquires or retains a debt security in it if the debt security has no indicia of ownership other than the right of the banking entity to participate in the removal for cause, or in the selection of a replacement after removal for cause or resignation, of an investment manager or investment adviser of the collateralized loan obligation.〔 The bill would define "collateralized loan obligation" as any issuing entity of an asset-backed security composed primarily of commercial loans.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Restoring Proven Financing for American Employers Act」の詳細全文を読む スポンサード リンク
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