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The Volcker Rule’s Impact on Incentive Compensation
Bonnie J. Roe of Cohen & Gresser writes: In general, the Volcker Rule takes a principles-based approach in identifying prohibited activities. While this approach may provide needed flexibility to banking entities in structuring their compliance programs overall, the vagueness of the requirements may pose challenges in designing effective incentive compensation plans or ensuring that the plans, once designed, will conform to the requirements.
