The document discusses the implications of the Volcker Rule on Deutsche Bank and its affiliates, particularly in relation to the Secondary Opportunities Fund III, LP. It outlines the restrictions imposed by the Volcker Rule on banking entities, including limitations on sponsoring or investing in covered funds and entering into certain transactions with them. The document also highlights the compliance requirements for Deutsche Bank under the Volcker Rule and the potential impact on the Fund's investment activities. Additionally, it addresses the investment limitations for Deutsche Bank under the asset management exemption of the Volcker Rule.
documents/EFTA01451998.pdf
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