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New York proposes sovereign debt restructuring legislation

Legislators in the State of New York (NY), whose law governs many sovereign debt contracts, introduced three general categories of bills related to sovereign debt restructurings. The first is intended to provide support under...more

SEC Rule 15c2-11: New relief for 144A participants

On November 30, 2022, the Staff (Staff) of the Division of Trading & Markets of the Securities and Exchange Commission (the SEC) issued a no-action letter (the November 2022 NAL) (extending relief from the requirements of...more

U.S. Securities and Exchange Commission proposes extensive climate-related disclosure regime covering all SEC registrants

On Monday, March 21, 2022, the U.S. Securities and Exchange Commission (SEC) proposed, at a scheduled Open Meeting, amendments to its rules under the Securities Act of 1933 and the Securities Exchange Act of 1934 that would...more

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