CLOs and Volcker
Is it Safe? Are the Volcker Rule reforms still subject to voidance under the Congressional Review Act? The LSTA takes a deep dive.
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The Volcker Rule, CLOs and the CRA: Is the Story Over?
As we noted recently, the federal banking agencies together with the SEC and the CFTC recently published a final rule on the “Covered Funds” portion…
GAO on LLG: What Now?
Last week we reported that the Government Accountability Office (“GAO”) issued an opinion that the Leveraged Lending Guidance (“LLG”) was a “rule” subject to the…
The Congressional Review Act and the Leveraged Lending Guidance Questions and Answers
On March 31, 2017, Senator Pat Toomey (R-Pa.) sent a letter to the Comptroller General of the U.S. General Accounting Office (GAO) asking whether the…
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