Global Financial Markets

The US Commodity Futures Trading Commission and the US Securities and Exchange Commission have been aggressive in enforcing violations of the statutes that they administer. With respect to the CFTC, enforcement has been among the most vigorous in the history of the CFTC, including more enforcement actions, more penalties, more large-scale matters, more accountability and more partnering with criminal law enforcement at home and abroad. In regard to the SEC, it remains aggressive and continues to bring enforcement actions at a historic rate. During this episode Matthew Kluchenek and Richard Rosenfeld focus on a quick overview of the derivatives and futures regulators, their roles and jurisdiction at the outset and enforcement trends and near-term enforcement expectations.

The Board of Governors of the Federal Reserve System has released for public comment proposals to tailor (i) the enhanced prudential standards that apply to larger foreign banking organizations (FBOs) and (ii) the resolution planning requirements that apply to larger FBOs and larger US bank and holding companies (collectively, larger banking organizations). Mayer Brown partners David Sahr, Jeffrey Taft and Don Waack and senior associate Matthew Bisanz discuss these important developments.

Mayer Brown partners David Sahr and Don Waack and senior associate Matthew Bisanz discuss important developments related to proposed revisions by The Board of Governors of the Federal Reserve System to its regulations for evaluating controlling influence issues under the Bank Holding Company Act.

Mayer Brown partner Anna Pinedo offers a brief overview of the technology and of smart contracts and discuss the concerns that prompt frequent issuers of debt securities to consider blockchain debt issuances.

Mayer Brown partners Stephanie Robinson and Krista Cooley highlight the principles the DFS believes should be accounted for when designing and implementing a whistleblowing program.

Mayer Brown partners Ori Lev and Stephanie Robinson cover the first three months with Kathy Kraninger as director of the CFPB.

Mayer Brown partner Tom Delaney and senior financial analyst and government affairs advisor John Mirvish discuss the leadership of the Senate Banking and House Financial Services committees and the likely legislative and oversight issues that will occupy their agendas during the 116th Congress.

Mayer Brown partners Amanda Baker, Sagi Tamir and Ryan Suda discuss the proposed Japanese risk retention rule and its implications for securitization transactions including collateralized loan obligations (CLOs).

Mayer Brown partner Tim Keeler and associate Mickey Leibner discuss the major provisions of the US-Mexico-Canada Trade Agreement (USMCA) and analyze the next steps for the agreement in the 116th Congress.

Mayer Brown partners Jim Antonopoulos, Lance Workman and Susannah Schmid discuss trending topics and the current regulatory landscape affecting the securitization markets and offer predictions for 2019.