Members of the Davis Polk Restructuring, Financial Institutions, Finance and Mergers & Acquisitions practices discussed key considerations and opportunities for different types of market ...
Digital asset legislation is on the (perhaps distant) horizon. We have started to see legislative proposals, some of which are meant to create a regulatory framework for all digital asse...
The New York Department of Financial Services (DFS) released guidance outlining reserve, redemption and disclosure requirements for U.S. dollar-backed stablecoins issued by DFS-regulated ...
Custodia Bank has filed suit in federal court against the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of Kansas City, seeking to force a decision on its ...
SEC Chair Gensler has directed SEC staff to consider significant changes to the pricing and execution of securities orders, including possible auction requirements for retail stock orders.
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...
The CFPB plans to use its authority to examine any company providing consumer financial products or services that the CFPB has “reasonable cause” to believe poses risks to consumers.
Addressing climate change is one of the highest priorities of the Biden administration, and the pace of policy developments has been increasing and is expected to continue to increase ove...
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...
