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Volcker Rule Amendments: Back to the Future for CLOs?  


Author:  Deborah Festa.; Andrew Keller.


Source: Volume 53, Number 17, October 1 2020 , pp.211-213(3)




Review of Securities & Commodities Regulation

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Abstract: 

The authors discuss recent amendments to the Volcker Rule and their potential to foster reemergence of a less homogeneous CLO asset class, both in investment capability and performance among CLO managers.

Keywords: Collateralized Loan Obligation (CLOs); “Modified Rule”; Supplemental Indenture; Non-Loan Assets Investments

Affiliations:  1: Milbank LLP; 2: Milbank LLP.

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