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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 ...
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.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
