sec_draft_regab_reproposal_comment_letter_-10-4-2011-preview

In response to the SEC’s Re-Proposal of Shelf Eligibility Requirements for Asset-Backed Securities, the LSTA submitted a comment letter recommending that any SEC-mandated disclosure requirements for CLOs reflect the unique characteristics of syndicated loans and CLOs.

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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…