This week in review: Ted Basta observes that floating rate loans have “outperformed” so far. (Caveat: It’s a low bar.), Meredith Coffey discusses CLOs in plain English for smart laypeople, Elliot Ganz dives (very) deep into the legal arguments in the Private Funds Disclosure Rule, Bridget Marsh welcomes the MCAPs and Elliot Ganz explains that even lawmakers are concerned with the SEC’s Rulemaking pace.