Davis Polk partners Christopher Schell, Yan Zhang and Derek Walters served as editors of the sixth edition of In Depth: Structured Products Law and authored the editors’ preface and the...
Davis Polk partners Christopher Schell, Yan Zhang and Derek Walters served as editors of the fifth edition of The Structured Products Law Review and authored the editors’ preface and th...
Today the Federal Reserve Board (the Board) adopted its final rule implementing the LIBOR Act. The final rule establishes SOFR-based Board selected benchmark replacements for so called ?...
Davis Polk partners Christopher Schell, Yan Zhang and Derek Walters served as editors of the fourth edition of The Structured Products Law Review and authored the editors’ preface and t...
The SEC requested public comments and information on whether index providers, model portfolio providers and pricing services are acting as investment advisers under the Advisers Act, incl...
In light of the global transition away from interbank offered rates, the CFTC has proposed amendments to its list of interest rate swaps subject to mandatory clearing to remove swaps refe...
In a welcome development for so-called “tough legacy” contracts, Congress has passed legislation with the goal of establishing a clear and uniform nationwide process for replacing LIB...
Davis Polk partners Christopher Schell, Yan Zhang and Derek Walters served as editors of the third edition of The Structured Products Law Review and authored the editors’ preface and th...
In important developments in the transition from LIBOR to alternative reference rates, LIBOR’s regulator and its administrator, as well as trade groups, have made recent announcements r...
In a very significant development, the administrator of LIBOR announced on November 30 that it expects in early December to consult on its intention to cease the publication of most USD L...