This comment letter, dated March 31, 2020, was submitted to our five agencies in response to consideration and proposal of additional changes to the covered fund provisions of the 2013 Final Rule....
Banks are working with the trade associations to develop a draft template to facilitate amendments to remove bond baskets from legacy CLOs, thus “Volckerizing” them....
Reaction to the announcement by the Federal Reserve Board that it will issue a two-year extension of the conformance period under the Volcker Rule for debt securities issued by collateralized loan obligations (CLOs)....
Elliot Ganz, testified at a hearing before the House of Representatives’ Financial Services Committee entitled, “The Impact of the Volcker Rule on Job Creators, Part I”....
The LSTA filed a comment letter on the proposed regulations implementing the Volcker Rule urging the regulatory agencies to exclude CLOs from the Volcker Rule....
LSTA submitted a letter to the Financial Stability Oversight Council not to extend the Volcker Rule’s prohibitions on proprietary trading to commercial loans....
