Risk-Retention Reproposals Fail To Offer Relief

Law360, New York (September 19, 2013, 6:27 PM EDT) -- Collateralized loan obligation ( CLO) managers and lead arrangers of syndicated loans received special attention in a proposal jointly released by six federal agencies to implement the credit risk-retention requirements of Section 941 of the Dodd-Frank Act. Whether the new proposal will have its intended effect of minimizing the financial burden on CLO managers remains to be seen....

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