SEC Commissioner: What Do LIBOR Transition and ESG/SFDR Have In Common? – Each Might Make You a Werewolf!
By EsqSocial Corporation 12/05/21
SEC Commissioner Hester Peirce suggested in recent remarks before the ISDA Trading Forum (April 28, 2021) that LIBOR came to mind when reading a horror story involving a werewolf. That seems about right, as both are very hairy, and can have a nasty bite. Speaking of bite: recall that OCIE has LIBOR preparedness on its 2020 exam priorities. Noteworthy for advisers, OCIE’s focus is on investor disclosure of transition plans, performance advertising, LIBOR benchmarks and identification of...
By: Foley & Lardner LLP