EXPERIENCE

Kerri’s representative experience has included advising:

• U.S. and non-U.S. buy-side market participants with respect to all their derivatives matters, including assistance with their trading documentation (including ISDA, repo and securities lending agreements) and financing commitments (including prime brokerage and related term commitments)
• Major U.S. financial institution in closing a $100M highly structured repack financing and other structured transactions
• Multiple U.S. financial institutions in the implementation of the variation margin and initial margin regulations in respect of uncleared swaps, one of the Dodd-Frank reforms aimed at improving transparency and greater regulation of the OTC derivatives market
• U.S. and non-U.S. financial institutions in connection with other U.S. regulatory reform affecting derivatives and structured products, including compliance with Dodd-Frank Act requirements
• U.S. financial institution in the implementation of FINRA margining on Covered Agency Transactions
• U.S. and non-U.S. financial institutions in connection with derivatives transaction close-out and counterparty risk management for derivatives transactions, including in connection with insolvency and resolution matters
• U.S. and non-U.S. clearinghouses in a wide range of treasury-related matters, resolution and recovery planning for the clearinghouses, liquidity resource planning, repurchase and reverse-repurchase negotiations for purposes of investing customer assets in accordance with applicable regulation and other SEC and CFTC regulatory matters
• U.S. financial institution in the negotiation of committed repo facilities with clearinghouse counterparties to provide necessary liquidity in the event of clearing member default
• U.S. financial institution in the policy, negotiation and documentation of commodity and interest rate ISDA master agreements secured under syndicated loan facilities, including reserve-based loans