Joint ISDA/IIB/SIFMA Request for an Extension of Certain CFTC No-Action Reliefs

Joint IIB, ISDA, and SIFMA request to the Commodity Futures Trading Commission (CFTC) to extend and remove time limitations on certain No-Action Reliefs where persisting issues remain difficult to remedy under current circumstances, until such time as related changes in regulation can be effected.

Documents (1) for Joint ISDA/IIB/SIFMA Request for an Extension of Certain CFTC No-Action Reliefs

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...