The order marks the end of the Kirschner case, which had threatened to expand US securities regulation to syndicated loans.
The US Supreme Court has denied a petition for certiorari review in the Kirschner case, in which...more
During 2021, after months of regulatory pressure to end reliance on the London Interbank Offered Rate (LIBOR), concerns were mounting that the US leveraged loan market was being too slow to adopt the Secured Overnight...more
The disruption to capital markets caused by the COVID-19 pandemic has not shifted the overall timeline of regulators and industry bodies for the replacement of US dollar LIBOR with SOFR by the end of 2021.
With the expected...more
8/4/2020
/ Alternative Reference Rates Committee (ARRC) ,
Banks ,
Bonds ,
Capital Markets ,
CARES Act ,
Coronavirus/COVID-19 ,
Derivatives ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Agencies ,
ISDA Master Agreement ,
Libor ,
Loan Syndication and Trading Association (LSTA) ,
Loans ,
Main Street Lending Programs ,
Popular ,
Secured Overnight Funding Rate (SOFR) ,
Transitional Arrangements ,
UK