SFA Joint Trades Letter Calls for Passage of Federal LIBOR Legislation
SFA, along with 21 other financial services trade associations, sent a letter to the House of Representatives calling for the enactment of the Adjustable Interest Rate (LIBOR) Act of 2021 (H.R. 4616). Passage of the legislation, which has broad regulatory and industry support, will provide a solution for tough legacy contracts that have insufficient fallback language and create a safe harbor from litigation.
SFA Testifies Before Senate Banking Committee Hearing Advocating for Federal Legislation to Remedy Tough Legacy LIBOR Contracts
On November 2, 2021, SFA CEO Michael Bright testified before the Senate Banking Committee, at a hearing entitled, “The Libor Transition: Protecting Consumers and Investors," in which SFA advocated for federal LIBOR legislation.
SFVegas 2021 Sessions Now Available For Replay
SFVegas 2021 session recordings are now available via the Virtual AttendeeHub.
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