Mixed results for CLO market as Volcker Rule gains approvals

Wednesday, December 11, 2013

US regulators yesterday approved the final draft of the Volcker Rule in which they have softened their stance on the CLO market - but not by much

TAGS: Regulation CLO

Comment by: Anonymous. Posted 10 years ago [2013-12-12 01:15:31]

Curious, what does this mean? (I suppose I could just read a newspaper myself.) Existing CLO deals have no remaining warehouse, so I take it that the point is US banks will not be able to own CLO bonds when the collateral pool holds anything other than good old-fashioned bank loans. Am I getting that right?

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