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  • ISDA: Global IM Collected For Derivatives In The First Quarter Of 2020

    Date 15/07/2020

    During the first quarter of 2020, there was a significant increase in initial margin (IM) collected by global central counterparties (CCPs) for over-the-counter derivatives and exchange-traded derivatives (ETD).


  • Federal Reserve Board Announces Extension Of Rule Change To Bolster Effectiveness Of The Small Business Administration's Paycheck Protection Program

    Date 15/07/2020

    The Federal Reserve Board on Wednesday announced an extension of a rule change to bolster the effectiveness of the Small Business Administration's (SBA) Paycheck Protection Program (PPP). Like the earlier rule, the extension will temporarily modify the Board's rules so that certain bank directors and shareholders can apply to their banks for PPP loans for their small businesses.

  • U.S. Chamber CEO Tom Donohue Applauds NEPA Updates

    Date 15/07/2020

    U.S. Chamber of Commerce CEO Tom Donohue issued the following statement today applauding updates from the White House Council on Environmental Quality that modernize the National Environmental Policy Act (NEPA), a vital federal environmental law that has not seen major updates since it was adopted in 1970:

    “It should not take longer for a project to get permitted than it does for it to be constructed, but unfortunately that is often the case in the United States today. After two decades of discussion about the need for reform, spanning multiple Administrations, we’re thankful that the Trump Administration has made this issue a priority and taken thoughtful action."

  • SEC - Credit Ratings, Procyclicality And Related Financial Stability Issues: Select Observations - COVID-19 Market Monitoring Group*

    Date 15/07/2020

    On April 24, the SEC announced the formation of an internal, interdisciplinary COVID-19 Market Monitoring Group.  This temporary, senior-level group was formed to assist the Commission and its various divisions and offices in (1) developing Commission and staff analyses and actions related to the effects of COVID-19 on markets, issuers and investors—including in particular our long-term Main Street investors, and (2) responding to requests for information, analyses and assistance from fellow regulators and other public sector partners on market matters arising from the effects of COVID-19. 

  • CalPERS Reports Preliminary 4.7% Investment Return For Fiscal Year 2019-20

    Date 15/07/2020

    CalPERS today reported a preliminary 4.7% net return on investments for the 12-month period that ended June 30, 2020. CalPERS assets at the end of the fiscal year stood at more than $389 billion.