Funds Talk: September 2018

Topics covered in this issue include: 

• New Disclosure Rules Enhance Crypto Investor Protection
  The National Futures Association boosted disclosure requirements for virtual currency derivatives amid concerns that many customers do not understand the unique risks associated with these products. Here’s what you need to know about the new disclosure rules, and how to prepare for their implementation this fall.
  
  
• Replacing LIBOR in Derivatives Transactions: A Complex Undertaking
  The expected phaseout of the LIBOR interest rate index in three years means the pressure is on to find a replacement. The process is likely to create uncertainty and risk.
  
  
• SEC Proposes to Simplify Debt Offering Disclosures
  The SEC is seeking to reduce the compliance burden and improve the relevance of debt offering disclosures by narrowing their focus and making them easier to understand. However, the proposals also include new obligations.