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The SEC Targets Outsourcing by RIAs

While we have been focusing on the SEC’s latest liquidity management proposal (which, among other things, poses an existential threat to loan funds), in late…

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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,…