Date: October 28, 2013

Issue:  Capital Formation

To: Federal Reserve, Federal Housing Finance Agency, FDIC, SEC, OCC, Department of Housing and Urban Development

Filing Type: Regulatory

Description: The letter addresses concerns that the Proposed Rule will adversely restrict an important form of financing for businesses, Collateralized Loan Obligations (“CLOs”), which were not a cause of the 2007-2008 financial crisis.

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