This session outlined the three pillars of the LSTA’s federal advocacy work—legislative, regulatory, and judicial.
This replay highlights a session outlining the three pillars of the LSTA’s federal advocacy work—legislative, regulatory, and judicial.
The comment letter supports exempting mid‑ to large‑sized commercial property borrowers from FDPA mandatory purchase requirements.
LSTA submitted a comment letter supporting the SEC’s proposal to codify that Rule 15c2‑11 does not apply to fixed income instruments, including loans.
LSTA, joined by four trades associations, filed an amicus brief supporting dismissal of antitrust claims related to creditor “Cooperation Agreements.”
Attached is the coalition letter in support of the FSOC Improvement Act.
A series of momentous political and judicial developments in 2024 have dramatically shifted the ground for the legislative, regulatory and judicial treatment of U.S. financial markets, including the syndicated loan and private corporate credit (PCC) markets.
Two recent settlements demonstrate the SEC’s focus on whether RIAs have established, maintained and enforced policies and procedures regarding the use of MNPI.
The LSTA joined with the @Creditor Rights Coalition to successfully push back against a proposed and misguided “champerty” law that would have had negative implications for distressed credit trading markets (and beyond).
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, an immense victory for the loan market.
The US Supreme Court has this morning denied the petition for certiorari filed by Marc Kirschner, Trustee for the Millennium Labs Litigation Trust. This leaves in place the decision of the US Court of Appeals for the 2nd Circuit that syndicated term loans are NOT securities and ends, once and for all, this misguided litigation....
The 5th Circuit Court of Appeals heard oral argument in the Joint Trade Associations' case against the SEC on the Private Fund Advisers Rule.

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