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TALF-Take Three

On Monday, June 8 The Federal Reserve Bank of NY issued revisions to the FAQs: TALF originally issued on May 12.

TALF: Take Three

The New York Federal Reserve tackled TALF again, expanding their FAQs and announcing that the first TALF subscription date will be June 17th.

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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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Good Friday…no SOFR?

Earlier this month the New York Fed announced that there will be no SOFR rate published on or for Friday, April 7th even though April…

CLOs: No Conflicts…But Big Problems

March 30, 2023 - On Monday, the LSTA submitted the first of three letters responding to the SEC’s Proposed Rule on “Conflicts of Interest in…