Guy Dempsey, a partner in the Financial Services practice, was quoted in a Bloomberg Brief: Structured Notes article on the difficulty of determining when the Financial Industry Regulatory Authority requires additional disclosures by banks and distributors of structured notes. Credit-default swaps have widened in recent months, creating concern that the FINRA language on dissemination of information may be too broad to help issuers seeking direction. As Guy explains, “The challenge is determining precisely when potential credit deterioration of an issuer stops being a mere topic of public speculation and starts giving rise to mandatory disclosure obligations.” (“Banks and Distributors Should ‘Monitor’ CDS, Law Firm Says,” October 13, 2011)