Market Flash - Effective Date of LSTA's New Delayed Compensation Regime Postponed Until Sept 1, 2016

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July 14, 2016

In response to numerous comments received from market participants and vendors, the LSTA released an update to its membership earlier this week postponing the effective date of the proposed requirements-based par/near par delayed compensation regime. The new delayed compensation provisions will no longer go into effect on Monday, July 18; instead, the new effective date will be September 1, 2016 with a phased in implementation process.

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