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Global Financial Markets

Sep 26, 2019

The expected phase-out of LIBOR will affect trillions of dollars in investments across a wide range of financial products. The market has been working to adapt new transactions to a post-LIBOR world, but legacy transactions will also be affected. Whether and how those contracts can be modified to account for the...


Sep 19, 2019

The US federal banking and functional regulators are finalizing revisions to the proprietary trading and compliance program provisions of the Volcker Rule, which implement some, though not all, of the changes that had been proposed by the agencies in a May 2018 notice of proposed rulemaking. Mayer Brown lawyers David...


Sep 12, 2019

Retirement plans operated by US employers collectively hold trillions of dollars in assets, so they have naturally become a target for litigation under their governing statute, the Employee Retirement Income Security Act, commonly known as ERISA. Under ERISA, plan fiduciaries are subject to duties of loyalty...


Sep 5, 2019

In July 2019, the Federal Deposit Insurance Corporation (FDIC) proposed changes to its securitization safe harbor rule, which relates to the treatment of financial assets transferred in connection with a securitization or participation transaction. Mayer Brown partners Haukur Gudmundsson, Jan Stewart and Jeff...