…Childress; Nina O Shenker; Diane M. Genova Cc: Stephen M Cutler Subject: RE: VOLCKER AMENDMENT -PLEASE REVIEW EFTA_R1_01497390 EFTA02428058 The prohibition on entering into any covered transactions with funds that are managed or advised by us is not specifically subject to the study but the provision requiring the study still provides that the Council make recommendations on the implementation of all the provisions, including that one, and that the banking agencies "may" issue final regs implementing that section…