Week In Review 05 05 23

This week in review: Meredith Coffey and Elliot Ganz discuss how (and why) Congress weighed in on loan mutual fund liquidity, Hugo Pereira observes April’s flowering secondary market, Elliot Ganz reviews our second round with the SEC over CLO Conflicts and Bridget Marsh recaps the goings-on at the ABA Business Law Conference in Seattle.



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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…