Models Inc.: Security-Based Swaps Rules Moving Forward

June 25, 2019

Models Inc.: Security-Based Swaps Rules Moving Forward

Cadwalader Attorneys Analyze SEC's Security-Based Swap Capital, Margin and Segregation Requirements

On June 21, 2019, the SEC adopted new rules and rule amendments that establish security-based swap capital, margin and segregation requirements.

SEC Commissioner Calls Out Problems with Quantifying ESG Factors

Steven Lofchie

Commentary by Steven Lofchie

SEC Commissioner Hester M. Peirce expressed concern regarding the accuracy of experts' criteria for assessing a company's environmental, social and governance factors.

United States Imposes Additional Sanctions against Iran

President Donald J. Trump imposed sanctions against the Supreme Leader of Iran in response to the Islamic Revolutionary Guard Corps' recent "malicious regional activities."

SEC, CFTC and FCA Intend to Target "Opportunistic Strategies" in Credit Derivatives

The SEC, CFTC and UK Financial Conduct Authority intend to target "opportunistic strategies" in the credit derivatives markets, according to a Joint Statement.

These opportunistic strategies raise various issues under securities, derivatives, conduct and antifraud laws, as well as public policy concerns.

Joint Statement by the SEC, CFTC and FCA

IOSCO Analyzes Liquidity in Corporate Bond Market under Stressed Conditions

Steven Lofchie

Commentary by Steven Lofchie

IOSCO analyzed how liquidity in secondary corporate bond markets would be affected under stressed conditions.

Basel Committee Agrees to Advance Several Ongoing Policy and Supervisory Initiatives

Commentary by Nihal Patel

The Basel Committee agreed to advance several ongoing policy and supervisory initiatives concerning, among other things, FinTech developments and excluding initial margin from the leverage ratio.

DOJ Charges Four Canadian Executives for Role in Mail Fraud Campaigns

Christian Larson

Commentary by Christian Larson

The DOJ charged four Canadian executives in connection with processing the proceeds of several international mass-mail fraud campaigns.

FRB and CFPB Adopt Amendments to Adjust Funds Availability for Inflation

The Federal Reserve Board and the CFPB adopted amendments to Regulation CC, which will adjust the amount of funds that depository institutions make available to customers for inflation.

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