Category: CLO
-
Palmer Square Arriving in Europe With 3 CLO ETFs
•
Europe United States in general US credit-focused asset manager Palmer Square Capital Management will enter European ETFs with three strategies that capture collateralized loan obligations (CLOs). Mission Woods, Kansas-based, said it will look to target European institutional investors with three ETFs in “early 2025,” starting with the introduction of the…
-
Ripple CLO Predicts Timeline For SEC Appeal Resolution
•
Stuart Alderotti, chief legal officer (CLO) at Ripple Labs, provided his expected timeline for the appeals process in the case against the US Securities and Exchange Commission (SEC). His prediction provides insight into the procedural steps the parties will take and suggests the briefing process could continue until July 2025.…
-
B. Riley bullish on Sound Point stock, highlights CLO arbitrage potential By Investing.com
•
On Wednesday, Sound Point Meridian Capital (NYSE: SPMC) stock received a new Buy rating from analyst B.Riley, accompanied by a $22.50 price target. The analyst highlighted the company’s position within a new segment of closed-end funds focused on cash flow arbitrage from CLO stocks, which are known for generating unleveraged…
-
Ripple’s CLO Criticizes US SEC’s Latest Appeal, Questions Legal Strategy
•
said Stuart Aldroty, Ripple’s Chief Legal Officer (CLO). Publicly criticized US Securities and Exchange Commission (SEC) for its latest legal move, marking an important step in the ongoing dispute over XRP and the blockchain payment company. SEC appeal motion receives backlash from Stuart Alderotti The protracted legal tussle between the…
-
A ‘pro-crypto’ congress is coming: Coinbase CLO
•
In an interview, Paul Grewal, Coinbase’s chief legal officer, said that a shift is coming in the U.S. cryptocurrency legislative landscape, predicting a “pro-crypto” Congress after the 2024 elections. Grewal discusses on Bloomberg Crypto interview How partisan support for cryptocurrencies and evolving political dynamics will soon lead to more favorable…
-
Ripple CLO Alderoty Donates $300,000 In XRP To Donald Trump
•
Ripple Labs’ chief legal officer, Stuart Alderotti, has donated $300,000 worth of XRP to Donald Trump’s presidential campaign, according to CNBC. a reportThe donation was made on June 11, 2024, and only became public yesterday. Notably, Aldroti recently attended a fundraising event for Trump hosted by investor David Sachs in…
-
Ripple CLO Advocates For Crypto, Cites US SEC Chairman’s Inefficiency
•
Stuart Alderotti, Chief Legal Officer (CLO) of Ripple Labs, has taken a firm stance in support of the cryptocurrency scene, Stinging US Securities and Exchange Commission (SEC) Chairman Gary Gensler for his incompetence in supervising cryptocurrency assets. Ripple CLO criticizes Gary Gensler Today, May 22, Chris Brommer, Agnes Williams Sesquicentennial…
-
Ripple CLO Advocates For Crypto, Cites US SEC Chairman’s Inefficiency
•
Stuart Alderotti, Chief Legal Officer (CLO) of Ripple Labs, has taken a firm stance in support of the cryptocurrency scene, Stinging US Securities and Exchange Commission (SEC) Chairman Gary Gensler for his incompetence in supervising cryptocurrency assets. Ripple CLO criticizes Gary Gensler Today, May 22, Chris Brommer, Agnes Williams Sesquicentennial…