The Alternative Reference Rates Committee updated its LIBOR transition "Best Practices" in anticipation of the publication of the ISDA IBOR Fallback Protocol.
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The SEC rescinded a national market system plan rule exception that allowed fee changes to go into effect, upon filing with the SEC, without any public comment period or express SEC approval.
The SEC named Marc P. Berger, current Director of the SEC's New York Regional Office, as Deputy Director of its Division of Enforcement.
A swap dealer settled DOJ and CFTC charges for spoofing, making false statements to regulators, and violations of CFTC external business conduct requirements.
The Alternative Rate Reference Committee Consumer Products Working Group published two guides aimed at supporting the transition from LIBOR to alternative reference rates.