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Jennifer Behrens was quoted twice in the article "Loan Market Faces More Regulation as Overlooked Lawsuit Heats Up," published by Bloomberg Markets [sub. req'd] on April 6, 2023. The article discusses the potential for sweeping changes to the $1.4 trillion leveraged loan market, as the U.S. Securities and Exchange Commission prepares a response to a federal appeals court request for comment on whether leveraged loans should be regulated like securities.

"A case that most loan market participants initially disregarded is becoming closely watched," Jennifer, referenced as an industry lawyer, says.

The article noted that the SEC's decision could affect the disclosure and handling of corporate information. With investors in loans sometimes privy to closely guarded information about company financials and other data, Jennifer explained that such investors are generally permitted to trade on that information, as long as they inform counterparties that they possess privileged information and as long as it doesn't cross the line into material non-public information.