In response to Executive Order 13772 on Core Principles for Regulating the U.S. Financial System, the U.S. Department of the Treasury released its long-awaited report on capital markets today. The report recommends that CLO risk retention be less punitive (pp. 102-103).
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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.