Cheryl Isaac is a partner and a member of the Asset Management and Investment Funds practice, where she concentrates on derivatives and commodities law. Cheryl advises a broad range of derivatives market participants—energy and 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 US Commodity Futures Trading Commission (CFTC), and National Futures Association (NFA) rules and regulations. She works with clients to apply for registration with the CFTC and NFA, or to determine if there are any applicable exemptions from registration. She also advises clients on security-based swaps and applicable US Securities and Exchange Commission (SEC) regulations
In addition to traditional finance, she also counsels derivatives and commodities market participants on a variety of emerging asset classes with evolving regulatory frameworks, including digital assets, decentralized finance (DeFi), and voluntary carbon credits.
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.
