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NFA Chairman Chris Hehmeyer Talks Bankruptcy Reform [Video]

One of the issues that emerged from the MF Global collapse was the complex and often frustrating US bankruptcy process. In the case of MF Global, futures customers’ claims were lumped in with other creditors. As such, it took...more

DOC Finds A Reorganization Can Include A Rehabilitation

Until last year, Ambac Assurance, a Wisconsin domiciled insurer, was one of the largest monoline insurers in the world. Originally it insured low-risk, public finance bonds. However, in the 1990s it started to offer...more

ABA Comment Letter - FDIC Orderly Liquidation Authority

The FDIC proposal would implement its Orderly Liquidation Authority (OLA) to resolve covered financial companies under Title II of the Dodd-Frank Act of 2010. The FDIC issued the rule to provide greater clarity and certainty...more