Form of Pledgor Access Notice

for use with the ISDA Tri-Party IA (Independent Amount) Conflicting Instructions Provision and for possible inclusion in a tri-party control agreement.

Note: these provisions have been superseded by those included in the ISDA 2013 Account Control Agreement.

A Path to Greater CFTC-SEC Alignment

Earlier this week, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) held a roundtable on regulatory harmonization – an initiative we wholeheartedly support. The US regulatory framework has evolved over time to facilitate financial markets...

Working Towards Tokenized Collateral

One of the lessons learned from recent market shocks – including the 2020 dash for cash and the UK gilt market crisis in 2022 – is that when volatility strikes and market participants must suddenly generate large amounts of cash...