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ARTICLE · 09 AUGUST 2018

US Risk Retention Rules: What Constitutes An Open-Market CLO?

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Milbank partner Deborah Festa and associate Andrew Keller wrote an article titled "US Risk Retention Rules: What Constitutes an Open-Market CLO?," which was published in the July 18, 2018 ...

United StatesFinance and Banking

Milbank partner Deborah Festa and associate Andrew Keller wrote an article titled “US Risk Retention Rules: What Constitutes an Open-Market CLO?,” which was published in the July 18, 2018 edition of The Review of Securities & Commodities Regulation. The article examines application of the recent LSTA decision on risk retention in the context of cross-trades, principal transactions and other call-and-roll type transactions. 

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