Cate Long is the founder of Puerto Rico Clearinghouse, a consultancy for Puerto Rico bondholders and other stakeholders. As a municipal bonds writer for Reuters Long predicted the insolvency of the Puerto Rico Commonwealth in March, 2012 and has covered the fiscal, political and legal challenges of ...more

Cate Long is the founder of Puerto Rico Clearinghouse, a consultancy for Puerto Rico bondholders and other stakeholders. As a municipal bonds writer for Reuters Long predicted the insolvency of the Puerto Rico Commonwealth in March, 2012 and has covered the fiscal, political and legal challenges of the territory for eleven years. Long worked extensively with staff of the U.S. Congress in the development and passage of the Puerto Rico Oversight, Management, and Economic Stability Act or "PROMESA". Long also worked in Washington on the development of Dodd-Frank and federal laws regulating credit rating agencies. For Dodd Frank she led an open source financial reform project for Hill staff, regulators and the media. Her expertise lies in analyzing and clearly explaining complex financial topics. Long’s work shaped the laws governing credit rating agencies and she was successful in having equivalent disclosure of underwriting information to raters adapted for asset backed securities. Long also successfully lobbied for federal law to require the standard application of credit rating symbols between asset classes within a credit rating agency. Long has been a featured speaker at the American Bankruptcy Institute, the National Federation of Municipal Analysts, WC3, Bond Market Association, FIX Protocol and other national organizations. She has appeared on multiple national and international news agencies discussing Puerto Rico's insolvency and financial reform following the global financial crisis. Long holds two U.S. patents for the standardization and visualization of fixed income market data which she is currently commercializing. She intends to remake the retail bond market. In the early 2000s Long was one of the bond market leaders who migrated the protocol for electronic trading of equities, FIX Protocol, to fixed income. Electronic trading is a rapidly growing sector within the secondary fixed income market. Prior to founding her own firm she worked for British and Dutch investment bank ING Barings. Long received a BA in from Goddard College in Plainfield, Vermont.less