Burr Forman

FEBRUARY 25, 2021

The clearing and settlement process was front and center at the House Financial Services Committee’s February 18, 2021 hearing over the GameStop (NYSE: “GME”) short-squeeze and Robinhood’s pause in GME trading. Studies have shown an integrated settlement model could provide an 11% reduction in the volatility component of NSCC margin.

Trade 52

Trade Collateral Financial services Financial Institution 52

Burr Forman

FEBRUARY 25, 2021

The clearing and settlement process was front and center at the House Financial Services Committee’s February 18, 2021 hearing over the GameStop (NYSE: “GME”) short-squeeze and Robinhood’s pause in GME trading. Studies have shown an integrated settlement model could provide an 11% reduction in the volatility component of NSCC margin.

Trade 40

Trade Collateral Financial services Financial Institution 40

Troutman Sanders

AUGUST 1, 2023

On July 27, the Senate passed its version of the National Defense Authorization Act (NDAA) bill, which includes a provision that tightens oversight over financial institutions engaged in crypto trading and takes aim at crypto mixers and “anonymity-enhancing” crypto assets. For more information, click here. Bonta, along with the U.S.

Financial services 52

Financial services Financial Institution Debt collector Fair Debt Collection 52

Troutman Sanders

MAY 2, 2023

On April 28, the CFPB issued an interim final rule, amending the agency’s 2021 LIBOR transition rule. On April 26, the CFPB published a report, examining the effects to consumer credit reports after the three nationwide consumer reporting companies removed medical collections under $500 from consumer credit reports on April 11.

Financial services 52

Financial services Trade Consumer Credit Government 52