In response to questions from the agencies, the LSTA submitted a comment letter that answered questions on whether companies issuing institutional loans are audited by PCAOB-registered accountants, whether all investors in CLOs are QIBs, and whether the SEC has access to CLO trustee reports.


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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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Bye-Bye, BSBY

Bye Bye, BSBY” upon BISL’s announcement of BSBY’s future cessation.