Legal
Sound Point Capital Is Negotiating to Resolve SEC Investigation
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Sound Point Capital Management, a major participant in the market for leveraged loans bundled into securities, is negotiating to resolve a government investigation into its internal policies for handling information.
An affiliate of the company — which issues and invests in collateralized loan obligations, or CLOs — said in a regulatory filing that Sound Point Capital is “currently engaged in discussions” for the potential resolution of an investigation by the US Securities and Exchange Commission.