Mahwah, New Jersey (PRWEB) May 01, 2014
WeComply, a Thomson Reuters business and leader in web-based ethics and compliance training for corporate employees, has announced its Volcker Rule Essentials training course. This 35-minute course explains the “Volcker Rule,” one of the most controversial parts of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The course is intended for all employees within a banking entity with trading or compliance responsibilities.
The Volcker Rule Essentials course begins with a background on the Volcker Rule. The course then explains prohibited proprietary-trading activities, proprietary-trading exemptions, proprietary trading by FBOs, prohibited fund activities and fund activities by FBOs. Other topics covered in the course include limits on permitted activities, compliance requirements, compliance plans for trading activities, quantitative reporting requirements, compliance plans for fund activities, violations and compliance challenges.
“The Volcker Rule is a complicated part of the Dodd-Frank Wall Street Reform and Consumer Protection Act,” said Steve Perreault, Global Head of eLearning. “Our course summarizes the background and purpose of the Rule, explains the activities that the Rule prohibits and outlines the requirements and challenges that banking entities face in complying with the Rule.”
For more information on this course, please visit WeComply’s Volcker Rule Essentials Course.
WeComply, a Thomson Reuters business, is a leading provider of ethics and compliance training for employees in all industries and offers more than 100 courses that are easily customized and available in multiple languages both online and offline.
Companies can host courses in their own Learning Management System (LMS) or use WeComply's patented system, which provides centralized administration, custom reporting and other advanced features. WeComply is the exclusive compliance training partner of the ACC Alliance and forms part of the Thomson Reuters Accelus offering of market-leading solutions for enterprise Governance, Risk and Compliance (GRC) management. For more information, visit http://www.wecomply.com.