Job swaps round-up - 12 May

Pic© Rufino

Category: ABS CDO CLOs


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Amicus briefs

The LSTA has joined The Clearing House and the American Bankers Association to file amicus briefs in cases initiated by the State of Colorado against Avant and Marlette, both of which have bank partners (WebBank and Cross River Bank respectively). In January, Colorado regulators sued the two marketplace platforms, claiming that their loans are subject to Colorado interest rate and fee limitations because the banks are not the 'true lenders' of the credit extended.

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