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January 29, 2024
Dollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the...
October 27, 2023
Dollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the...
July 28, 2023
Dollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the June 30,...
June 21, 2023
ARRC signals opposition to passing term SOFR-SOFR risk to investors via structured payoffs
May 26, 2023
The staff at the Securities and Exchange Commission's Division of Examinations (the "Division") conducts the SEC's National Exam Program. Recently, the Division issued two Risk Alerts...
May 10, 2023
Since Andrew Bailey, then CEO of the UK's Financial Conduct Authority (FCA), fired the starting gun in July 2017, regulators and market participants around the world have been planning for the end of LIBOR...
April 28, 2023
Dollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the March 31,...
April 20, 2023
20 April 2023 THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE,... | April 20, 2023
February 17, 2023
Publication of the US dollar ("USD") London Interbank Offered Rate ("LIBOR") is currently scheduled to end on June 30, 2023. For over 50 years, LIBOR has served as the benchmark...
December 23, 2022
<p><span>Commission regulation 1.25 is a seminal provision governing futures commission merchant (&ldquo;FCM&rdquo;) and derivatives clearing organization (&ldquo;DCO&rdquo;)</span><span>&nbsp;investment of customer funds.&nbsp;&nbsp;The regulation authorizes FCMs and DCOs to investment customer funds in a sensibly limited set of permitted investments consistent with the prudential objectives of preserving customer funds and maintaining liquidi...