BofA points out flaws in NAIC CLO proposal while Morgan Stanley warns of primary slowdown

By Sayed Kadiri

Bank of America research has pointed out what it believes are further flaws in the National Association of Insurance Commissioners’ proposal to take CLO modelling and monitoring in-house. And Morgan Stanley research says the CLO proposals could weaken demand for CLO triple Bs in particular, hampering CLO formation

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TAGS: Regulation CLO Morgan Stanley BofA North America