Rebecca Simmons spoke at the International Swaps and Derivatives Association’s Legal Opinion Developments Conference, held virtually on October 7. Rebecca spoke on the panel “FCM Opinions,” which focused on the mechanics of the FCM model and close-out process under U.S. law. The panel aimed to assist non-U.S. counsel in analyzing how local laws would apply to that mode, with a focus on updates since the prior U.S. opinion.