Tokens Representing Loans Are Not Securities
This memorandum analyzes whether tokens or other similar digital assets (“Tokens”) representing interests in syndicated term loans as currently formed and traded would be considered…
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Loans As Securities FAQs
Are broadly syndicated term loans securities for the purposes of federal and state securities laws? That critical question, which has been percolating around the loan…
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Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.
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