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A decade after the last credit crisis, our market has grown exponentially by every measure: notional traded, market participants, trade count and trade allocations, to name a few.  However, there is one area that hasn’t grown: the size of operations and legal teams, who are primarily responsible for closing distressed trades and managing the sizeable risk of open transactions.

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Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

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