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
CDM: User Journey from Concept to Production
The Common Domain Model (CDM) is a standardized, machine-readable and executable model for representing financial products, lifecycle events and contractual information. By providing an open source shared language across firms and platforms, it supports interoperability, automation, resource optimization and reduced...
ISDA DTF Tokyo SOM Opening Remarks
ISDA Derivatives Trading Forum Tokyo, October 23, 2026 Opening Remarks Scott O’Malia ISDA Chief Executive Good afternoon, and welcome to the ISDA Tokyo Derivatives Trading Forum. Thanks for joining us today, and a big thank you to our sponsors,...
Transforming Asset Management: SOM Remarks
Transforming Asset Management October 23, 2026 Welcoming Remarks Scott O’Malia, ISDA CEO Good morning, and welcome to ISDA’s Transforming Asset Management event. It’s great to be back in Tokyo for Japan Weeks. Now in its fourth year, Japan Weeks...
Response on Dividend Stripping
On October 14, ISDA, the Association for Financial Markets in Europe (AFME) and the International Securities Lending Association (ISLA) submitted a joint response to the Dutch Ministry of Finance on its proposed measures on dividend stripping. While supporting the policy...