Finance

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ARRC Formally Recommends Term SOFR and Related Loan Conventions in Major Step Towards LIBOR Cessation

7/30/2021 6:16:00 PM

ARRC Formally Recommends Term SOFR and Related Loan Conventions in Major Step Towards LIBOR Cessation

By B. Taber Cathcart

On July 29, 2021, the Alternative Reference Rates Committee (ARRC) of the Federal Reserve formally announced and recommended CME Group's...

President Biden Signs Executive Order Revitalizing Regulatory Oversight of Banks and Encouraging New Consumer-Friendly Portability Rules

7/15/2021 8:38:00 PM

President Biden Signs Executive Order Revitalizing Regulatory Oversight of Banks and Encouraging New Consumer-Friendly Portability Rules

By B. Taber Cathcart

On July 9, 2021, President Biden signed the wide-ranging Executive Order on Promoting Competition in the American Economy, aimed at...

Supreme Court Narrows FCRA Class By More Than 75% Finding That The Majority Of The Class Lacked Standing

7/8/2021 3:52:00 PM

Supreme Court Narrows FCRA Class By More Than 75% Finding That The Majority Of The Class Lacked Standing

By Sarah Meyer

In TransUnion v. Ramirez, 2021 U.S. Lexis 3401 (U.S. June 25, 2021), Justice Kavanaugh, joined by Roberts, C.J. and Alito, Gorsuch, and...