This article discusses issues for investment advisers to consider related to the transition from LIBOR immediately after June 30, 2023.
February 23, 2023
SEC Chair Gary Gensler singled out his preference for the Secured Overnight Financing Rate (SOFR) as the alternative reference rate to LIBOR.
October 05, 2021
New York Adopts LIBOR Law, Effective Immediately April 13, 2021 New York’s long anticipated legislation to discontinue use of the London Inter-Bank Offered Rate (LIBOR) was signed into law...
April 13, 2021
CFTC Chair Warns of Risks, Presses for Transition Away From LIBOR Agency Provides No-Action Relief for “Big Bang” Transaction Reporting October 20, 2020 To avoid a “financial Chernobyl,” CFTC...
October 20, 2020