Pages from Week_in_Review 02.21.20 - Final

This week, we start off in the markets, comparing defaults (low but rising), leverage (high but edging down), and yields (low and lowering). We move to LIBOR, announcing the new SOFR Index and Averages, and reminding members of our weekly call. We shift to the courts, providing an update on our Madden vs Midland amicus. And we end with our members – our 10 new members, specifically. Welcome aboard!

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LIBOR: The SEC is Coming

On June 18th, the SEC announced an “Examination Initiative: LIBOR Transition Preparedness”.