- SEC Raises Pressure on Borrowers as Leniency Ends: Muni Credit.
- SEC Seeking Comments on Disclosure Rule.
- MSRB to Accept Disclosures about Municipal Asset-Backed Securities.
- Proskauer: Firms Have Roadmap for Expanding Litigation of Customer Disputes After Second Circuit Holds Forum Selection Clauses Trump FINRA’s Mandatory Arbitration Rule.
- MSRB and FINRA to Host Webinar on Proposals to Provide Pricing Reference Information to Investors.
- Are Muni Bonds Being Replaced by Direct Loans?
- And finally, the Inaugural Easterbrook Prize for Delightfully Written Opinions goes to Judge Charles E. Moylan, Jr. for his opinion in Holloway-Johnson v. Beall, which includes the following: a heading entitled, “A Furiously Contested Moot Question”; “a tempestuous Punch and Judy exchange of irrelevancies”; “The presence or absence of malice, simple or actual, has not been a dispositive factor in this case. It has nonetheless haunted our analysis of the voluminous caselaw on tort claims. What is ‘actual’ malice? Is there indeed some junior varsity level of malice that is less than actual? If not, what possible function is being served by the annoying adjectival qualifier ‘actual’ in the frequently, but not universally, recurring phrase ‘actual malice’?”; and a footnote reading, “This is ‘a maneuver in which a bicycle, motorcycle, or car has its front wheel or wheels momentarily lifted off the ground.’ ‘Wheelie.’ Dictionary.com Unabridged. Random House, Inc.” which may nor may not have been inserted tongue-in-cheek but, regardless, feels cheeky. Thanks, Judge.
