Cheryl Isaac is a partner in the firm's Washington, D.C., office, where she specializes in derivatives and commodities law and is a member of the Asset Management and Investment Funds practice. Cheryl advises a broad range of derivatives market participants - commodity traders, financial institutions, brokers, asset managers, and derivatives exchanges, among others - on legal and regulatory matters under the Commodity Exchange Act, the Dodd-Frank Act, and related Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) rules and regulations.
Cheryl has significant experience negotiating bespoke derivatives transactions in a variety of asset classes (interest rates, FX, digital assets, and commodities), including ISDA Master Agreements and related documentation. She regularly advises clients on the LIBOR transition and adoption of alternative reference rates such as the Secured Overnight Financing Rate (SOFR).
Likewise, Cheryl counsels these clients, as well as DeFi protocols, digital asset exchanges, and other market participants on jurisdictional issues and best practices in the challenging US regulatory landscape.