The belated CLO ETF stress test – Financial Times

It’s not just stock and fees. The corporate debt market is alsoIppy“recently. And one corner to keep an eye on is exchanged, traded funds that invest in secured loan obligations. The CLO ETF has exploded in popularity over the past few years, bringing the total assets of a small number of funds to $300 billion, […]
Ripple CLO Publishes Key Principles for SEC on New Year’s Eve – U.Today

Stuart Aldeoti, Chief Legal Officer of Ripple, said: outlined Some key principles he believes the SEC must follow in 2025. The company's head of legal affairs emphasized that the SEC's jurisdiction only lies in securities transactions. Alderoti said the SEC cannot police simple asset sales. “Selling a gold bar with a contractual right, title, or […]
XRP Lawsuit: Ripple CLO Claims They Exposed SEC’s Lawless Tactics Early on – Coinpedia Fintech News

Elon Musk is embroiled in an ongoing dispute with the US Securities and Exchange Commission (SEC). Musk's lawyer Alex Spiro recently accused the SEC of a harassment campaign against Musk and his companies, including Neuralink. The SEC gave Musk a 48-hour ultimatum to settle the case and issued a subpoena. In response to the SEC's […]