Rule 436(g) was a four-line exemption. It said that when a nationally recognized rating agency's rating appeared in a securities registration statement, that rating did not count as an expert opinion under Sections 7 and 11 of the Securities Act — so the agency never had to consent to being named, and could not be … Continue reading The Byline Is Not a Bond
Tag: authorship
There Is No Junk Mail
A direct-mail man was once asked how he could live with himself, sending out all that junk. There is no junk mail, he said. There are junk people. He meant it as a defense and it isn't one, but buried in the ugliness is the only useful theory of slop I know, and it starts … Continue reading There Is No Junk Mail
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