Loan Syndications and Trading News

On Wednesday, January 14, 2015, the LSTA submitted a comment letter to the EBA arguing that CLOs performed well in the crisis, that they have none of the characteristics identified as likely to create difficulties during periods of turmoil, and explaining that Qualified CLOs align with the principles of simple, standard and transparent securitizations.

Fact Sheet: Loan Mutual Funds and Liquidity

January 16, 2015, New York, NY – The Loan Syndications and Trading Association (LSTA), joined by the American Bankers Association, the Securities Industry and Financial Markets Association and the Clearing House Association, filed this morning with the Supreme Court of the United States an amicus brief in support of the proposition that a bankruptcy court cannot compel the holder of a mortgage to relinquish property to a debtor, free of the lien, without payment in full of the underlying debt.

On Tuesday, January 13, 2015, LSTA Executive Director Bram Smith wrote a letter to Congressional leaders expressing support for H.R. 37, “the Promoting Job Creation and Reducing Small Business Burdens Act”.

Fact Sheet: CLOs and the Volcker Rule.

Our Partners

                   averagelibor      thomson-reuters