Trade body proposes last-ditch alternative to US risk retention rules

By Tom Davidson

Monday, April 08, 2013

In a notable change of direction the LSTA has proposed an alternative to the planned CLO risk-retention guidelines

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TAGS: Regulation Risk retention

Comment by: Anonymous. Posted 11 years ago [2013-04-09 00:12:42]

The LSTA should try something else. Why not replicate the QRM language that exempts lenders from risk retention for residential mortgages? Tell the regulators that CLOs will only make "fair and responsible" loans to the poor, misunderstood corporate borrowers.

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