Sustainable Investing is an investment discipline that integrates environmental, social and governance (ESG) considerations to the investment process and straddles across equity and fixed income markets. The unprecedented volatility that has come to define 2020 is expected to boost flows into an already thriving ESG market. SFA is committed to guiding the securitization industry towards a goal of building a robust ESG market in structured finance.

New GAO report finds highest-rated senior tranches of collateralized loan obligations (CLOs) remained “largely resilient” following the initial COVID-19 shock even as the leveraged loans deteriorated.

SFA’s Director of MBS Policy Dallin Merrill recaps the Supreme Court’s oral arguments for Collins v. Mnuchin, which included a series of consolidated cases covering both the GSE’s net worth sweep to Treasury under the PSPAs, as well as the Constitutionality of the FHFA’s structure.

SFA compares the FHFA’s Final Enterprise Capital Framework Rule against the Proposed Rule, noting that the changes largely fail to address questions and concerns raised by SFA members.

President-elect Biden is set to inherit a closely divided Congress and will need to navigate a delicate policy tightrope with Congressional leadership in both parties to advance his legislative priorities.

On Capitol Hill, regulators and elected officials are also working to establish tools to help facilitate the ESG movement particularly with respect to ESG labelling and transparency obligations, which in turn, could help investors integrate and utilize ESG data.

The transition away from LIBOR to SOFR is due to become a reality by year-end 2021. With the impact of COVID-19 still evolving, some have questioned whether more uncertainty should be introduced into the market. We look at recent developments and their potential impacts.

Mayer Brown has summarized these changes, which reflect the evolution of the program in response to its usage by market participants, and seek to preserve the original intent and effective functioning of the program.

On Monday, October 5, 2020 Senator Pat Toomey (R-PA) announced that he will not seek re-election in 2022, causing a shakeup in the future of the Senate Banking Committee leadership. Read our analysis of the impending game of musical chairs at the Senate Banking Committee for the next Congress and beyond.

As Washington grapples with the looming fight to fill a Supreme Court vacancy, the legislative agenda for the rest of 2020 has become murky. But depending on the outcome of the elections, the 2021 agenda is beginning to come into focus.