In response to questions from the agencies, the LSTA submitted a comment letter that answered questions on whether companies issuing institutional loans are audited by PCAOB-registered accountants, whether all investors in CLOs are QIBs, and whether the SEC has access to CLO trustee reports....
LSTA submitted a letter to the U.S. Risk Retention regulators highlighting the similarity in the principles of the U.S. industry’s “Qualified CLO” proposal and the Bank of England and European Central Bank’s “Qualifying Securitisation” proposal....
