Finance Partner Discusses Impact of Fed’s Leverage Lending Guidance in Law360

Finance partner Jay Kim (New York) is quoted in an Oct. 28 Law360 article discussing the leveraged lending guidance issued by the Federal Reserve and Office of the Comptroller of the Currency (OCC). Mr. Kim notes that the guidance is creating greater opportunities for institutions that fall outside the Fed and the OCC’s regulatory purview to issue new debt. “It is leading to a proliferation of unregulated funding sources and the growing prominence of existing unregulated financing sources…it is a big opportunity for unregulated finance providers.”