US: CLO issuance slows after bumper month as market waits for regulators

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US: CLO issuance slows after bumper month as market waits for regulators

Andy Barr

The US CLO market is cooling down after four busy weeks, as participants wait for regulators to provide guidance on possible changes to the Volcker rule to stop banks from having to sell their investments in certain CLOs. The pressure is now on, after the House Financial Services Committee overwhelmingly voted to protect banks from the rule.

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