Lawyers tout fixes for CLO risk-retention woes

Affiliates and warehouses could satisfy both US and EU risk-retention rules, lawyers claim

risk-1214-clo-workaround-web-shutterstock-48624895
CLO issuers were searching for a workaround within hours of the new rule's release

A New Yorker cartoon from 2009 shows two executives sitting around a desk littered with documents. "These new regulations will fundamentally change the way we get around them," one of t