The Chamber of Commerce, SIFMA, ISDA, the Bank Policy Institute and the Loan Syndications and Trading Association submitted an amicus brief, in support of defendants, in the U.S. District Court in the Northern District of California. The amicus brief urges the court to grant defendants’ motion to dismiss the complaint in in McCarthy v. Intercontinental Exchange, a case involving the issue of whether the establishment of an industry financial benchmark, such as U.S. Dollar LIBOR, and related sale of financial products based on that benchmark, constitutes a per se violation of U.S. federal antitrust laws’ prohibition on illegal price fixing.
Documents (1) for McCarthy v. Intercontinental Exchange
Latest
Efficiency is Vital to Delivering Resilience
With less than three months to go until implementation of US Treasury clearing begins at the end of this year, it’s critical that the mandate is safely implemented without compromising market efficiency. This represents a huge change in market structure,...
ISDA In Review – September 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in September 2026.
ISDA Digital Assets Forum Opening Remarks
ISDA Digital Assets Forum Washington, DC October 6, 2026 Opening Remarks Scott O’Malia, CEO, ISDA Good morning, and a very warm welcome to the ISDA Digital Assets Forum. Thanks for joining us today, and a special thank you to...
Assessing Tokenized MMFs as Eligible Collateral
Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...