Expected grandfather ruling on Volcker rule may trigger flurry of new CLOs

By Sayed Kadiri

CLO investors are counting down the hours with US regulators expected to deliver a clear message on the Volcker rule tomorrow

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: Regulation

Comment by: Anonymous. Posted 10 years ago [2014-01-15 03:07:11]

I haven't followed this Volcker story closely. But if banks that owned specific CLO bonds prior to Dec 10 are grandfathered, doesn't that kill liquidity for those bonds?