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Results: 1-10 of 17

CFTC adopts final rules for execution facilities and other matters

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • May 17 2013

During an open meeting on May 16, the Commodity Futures Trading Commission adopted a final rule establishing core principles and other requirements

DOL issues guidance for ERISA plans to engage in cleared swaps

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • February 25 2013

On February 7, 2013, the US Department of Labor (DOL) issued Advisory Opinion 2013- 01A (the “Advisory Opinion”), which provides guidance under the

CFTC, SEC finalize swap product definitions

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • September 7 2012

On July 9 and 10, 2012, the Commodity Futures Trading Commission and Securities and Exchange Commission (collectively, the “Commissions”) approved joint final rules and interpretations (the “Swap Definitions”) regarding the definition and regulation of swaps, security-based swaps, mixed swaps and security-based swap agreements

ISDA Dodd-Frank protocol opened for adherence

  • Katten Muchin Rosenman LLP
  • -
  • Global, USA
  • -
  • August 24 2012

The International Swaps and Derivatives Association has published its August 2012 DF Protocol

FSOC designates eight systemically significant financial market utilities

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • July 20 2012

Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Payment, Clearing and Settlement Supervision Act of 2010) has the purpose of mitigating financial risk in the financial system and promoting financial stability by giving the Board of Governors of the Federal Reserve authority to set risk management standards for entities that have been designated as systemically important financial utilities by the Financial Stability Oversight Council (FSOC

UK judgment validates ISDA Master Agreement performance suspension provision

  • Katten Muchin Rosenman LLP
  • -
  • United Kingdom, USA
  • -
  • April 13 2012

Section 2(a)(iii) of every standard International Swaps and Derivatives Association (ISDA) Master Agreement provides in relevant part that a non-defaulting party does not have to perform so long as any event of default or potential event of default is continuing with respect to its counterparty

ISDA Dodd-Frank documentation project

  • Katten Muchin Rosenman LLP
  • -
  • Global, USA
  • -
  • March 23 2012

The International Swaps and Derivatives Association has launched a project to bring its master agreement and credit support document forms into compliance with the requirements of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) governing swaps and security-based swaps

CFTC adopts final business conduct standards for swap dealers and major swap participants

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • February 15 2012

On January 11, the Commodity Futures Trading Commission approved final rules (the Final Rules) under Section 4s(h) of the Commodity Exchange Act (CEA) (added by Section 731 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act)) that set forth general antifraud prohibitions and establish detailed business conduct standards that must be observed by CFTC-registered swap dealers (Swap Dealers or SDs) and major swap participants (MSPs) (together, Swap Entities) when they are entering into swaps with counterparties other than other Swap Entities (End Users

Lehman Brothers court, building on Semcrude and Swedbank decisions, denies triangular setoff by swap counterparty

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • October 11 2011

The United States Bankruptcy Court for the Southern District of New York (the Court), has held that section 553(a) of the Bankruptcy Code prohibits a swap counterparty from setting off amounts owed to the debtor against amounts owed by the debtor to affiliates of the counterparty, notwithstanding the safe harbor provision in section 561 of the Bankruptcy Code and language in the ISDA Master Agreement permitting the swap counterparty to effect “triangular” setoffs

ISDA publishes long-awaited Equity Derivatives Definitions

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • July 15 2011

On July 8, the International Swaps and Derivatives Association (ISDA) published its 2011 Equity Derivatives Definitions