collateralized loan obligation

Kroll Fined $2M for Violating Credit-Rating Rules
Risk & Compliance

Kroll Fined $2M for Violating Credit-Rating Rules

The SEC says Kroll failed to comply with rules for determining the ratings of commercial mortgage-backed securities and CLO Combo Notes.
By Matthew Heller | September 30, 2020
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BNY Mellon Fined $6M Over CLO Accounting
Risk & Compliance

BNY Mellon Fined $6M Over CLO Accounting

The SEC says the bank misreported risk-based capital ratios by excluding about $14 billion in collateralized loan obligations from its calculations.
By Matthew Heller | January 13, 2017
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‘Diva of Distressed’ Accused of Defrauding Investors
Risk & Compliance

‘Diva of Distressed’ Accused of Defrauding Investors

Lynn Tilton's Patriarch Partners hid the poor performance of some collateralized loan obligation funds, the SEC charges.
By Matthew Heller | March 30, 2015
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Ex-RBS Trader Pleads Guilty to CLO Fraud
Risk & Compliance

Ex-RBS Trader Pleads Guilty to CLO Fraud

“Fraud in the fixed income markets is a secret and unfair tax on investors everywhere,” said a U.S. attorney.
By Matthew Heller | March 12, 2015
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Wilting Demand May Hit Leveraged Loan Market
Risk

Wilting Demand May Hit Leveraged Loan Market

Continued outflows from mutual funds and a slowdown in CLO issuance could pose a problem for issuers in 2015.
By Vincent Ryan | November 13, 2014
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