Webinar | August 6, 2026
1:00 p.m. – 2:00 p.m. EDT
Register here.
The institutional private placement market has experienced continued and rapid growth in recent years, with new market participants playing a more significant role. In this session, we will discuss how investment grade debt private placements differ from bank debt as well
On June 18, 2026, the Securities and Exchange Commission (“SEC”) and Commodity Futures Trading Commission (“CFTC”) issued a joint request for public comment regarding potential updates to the definitions of “swap” and “security-based swap,” along with other interpretive issues arising under Title VII of the Dodd-Frank Act. The agencies seek feedback on whether existing
On July 8, 2026, the staff (the “Staff”) of the Division of Corporation Finance (the “Division”) of the Securities and Exchange Commission (the “SEC”) issued a no-action letter (the “No-Action Letter”) in response to an incoming letter submitted on behalf of UBS Group AG (the “Incoming Letter”), addressing the application of the U.S. Securities Act
On June 30, 2026, the Office of Mergers and Acquisitions of the Division of Corporation Finance (the “Division”) of the Securities and Exchange Commission (“SEC”) issued an exemptive order (the “2026 Exemptive Order”) allowing certain qualifying tender or exchange offers for non-convertible debt securities to remain open for a minimum of five business days, instead
On June 30, 2026, the Office of Mergers and Acquisitions of the Division of Corporation Finance (the “Division”) of the U.S. Securities and Exchange Commission (the “SEC”) issued an exemptive order (the “2026 Exemptive Order”) granting relief for certain tender and exchange offers for non-convertible debt securities from the requirement that such offers remain open
Today, the Securities and Exchange Commission proposed amendments to Securities Exchange Act Rule 15c2-11. Subject to several exceptions, the Rule requires certain current information to be publicly available for brokers and dealers to publish quotations for, or to maintain a continuous quoted market in, a security. In 2020, amendments to Rule 15c2-11 surprised market participants.
Last week, the banking agencies issued guidance in the form of Frequently Asked Questions that provides certainty regarding the treatment of tokenized securities for purposes of the capital rules. While this is not surprising, it is helpful to market participants perhaps especially in the context of the repo and derivatives market as more market participants
Webinar | March 5, 2026
9:00 a.m. – 9:30 p.m. EST
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Corporate hybrid bonds have characteristics of both equity and debt securities. These are long-dated, sometimes perpetual, securities. Rating agency methodologies ascribe some equity credit to corporate hybrids depending on their particular features, which we will discuss. In recent years, issuance volumes
The Credit Roundtable, an association of fixed income investors, recently published a letter to the Securities and Exchange Commission (the “SEC”) expressing concern with potential changes to the SEC’s debt tender offer rules. The Credit Roundtable explained the practical difficulty that the existing regulatory framework creates for institutional investors and proposed changes.
To understand the
Webinar | February 12, 2026
9:00 a.m. – 10:00 a.m. ET
Register here.
We will look at the key items to consider when working on sovereign capital markets transactions. How do documentation standards, governing law, and listing/clearing choices affect execution? What is the latest thinking about “collective action clauses”? What happens when things go