Measuring Niceness

Bankers and Community Groups Offer Recommendations to Strengthen Community Reinvestment Act
At a roundtable discussion hosted by the Federal Reserve Board, bankers and community groups described their experiences with Community Reinvestment Act implementation and proposed amendments to better address underserved areas.
SEC Adopts Amendment to Single Issuer Exemption for Broker-Dealer Annual Reports
Steven Lofchie Commentary by Steven Lofchie
The SEC adopted a rule change that will clarify an annual reporting exemption for certain broker-dealers.
CME Sanctions Traders in Separate Trading-Related Actions
The Chicago Mercantile Exchange Business Conduct Committee fined and barred two traders for disruptive trading and wash trade violations.

Cadwalader Updates

Cadwalader Partner David Burkholder Debates LIBOR Transition Issues
Cadwalader Partner David Burkholder Debates LIBOR Transition Issues
At the 2019 CREFC Annual Conference, Cadwalader Partner David Burkholder debated (i) key differences between LIBOR and SOFR, (ii) issues involved with developing a term SOFR rate and (iii) operational challenges presented by the transition.
Attorneys Analyze Updated Amendments to EU Capital Requirements Regulation
Cadwalader attorneys analyzed updated amendments to the EU Capital Requirements Regulation, which are designed to reduce regulatory burden to non-EU subsidiaries that are engaged in local securitization in non-EU countries.