This website uses cookies. By using this website, you agree to our Cookie Policy.
November 12, 2014
"Many times when a regulator issues a no-action letter, the relief granted is industry-wide. This is not a case like that. But, of course, any firm that has a similar fact situation will want similar relief, and I expect the firm would be able to get the same treatment. And then at some point, if enough firms request the relief, the CFTC, as a commission, would likely propose a broader market-wide exemption or rule amendment."
- Steven Lofchie comments in Risk.net on a no-action letter issued by the U.S. Commodity Futures Trading Commission (CFTC) to Southwest Airlines on November 6 that may herald a broader shift in the CFTC's policy of requiring commodity derivatives end-users to report their swap trades in real time.
our latest insights on the impact of COVID-19 to help you navigate this unprecedented environment.
Patrick Quinn and Ruth Merisier discuss the legal profession, working at Cadwalader, and more.
Selections to the Lawdragon 500 are limited to no more than 500 lawyers in the country.
Our latest podcast covers the legacy of the “Car Wash” investigation and how Brazil fits into the global landscape of white-collar crime enforcement.