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Chamber v. SEC:  More Bad News for the SEC

Recent developments in the Chamber's litigation against the SEC on the Share Buyback Rule augur well for the Joint Trade's Private Fund Advisers lawsuit.

CLOs: In Plain English

Few people have a really good grasp of exactly how CLOs work – and even fewer of those people are employed by the SEC.

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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,…