The SEC has proposed expanding what constitutes a “dealer,” which could have the effect of requiring many private funds and principal trading firms to register with the SEC.
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...
President Biden’s March 9, 2022 Executive Order asserts that technological advances and the rapid growth of crypto markets “necessitate an evaluation and alignment of the United State...
Davis Polk partner Gabe Rosenberg recently authored “Quick View: Digital Asset Regulation in the U.S.” in DerivSource. Gabe discusses the current state of digital asset regulation as ...
Financial services regulatory reform continues to be active, with the Biden Administration focused on activity at the intersection of financial regulation and social policy. As we observe...
Addressing climate change is one of the highest priorities of the Biden administration, and the pace of policy developments is expected to increase in 2022. This deck covers a wide range ...
The Federal Reserve released a paper to start a public discussion on the pros and cons of a potential U.S. central bank digital currency. Here are our five key takeaways.
The New York DFS issued new guidance regarding a covered entity’s reliance on an affiliate’s cybersecurity program. The guidance explains DFS’s view that, when a covered entity reli...
The FSOC Climate Report views “climate-related financial risk as an emerging threat to the financial stability of the United States.” Here are our 10 key takeaways on a critical step ...