The Defi Education Fund, an organization dedicated to expanding the decentralized finance environment, has submitted a Freedom of Information Act (FOIA) request to the U.S. Securities and Exchange Commission (SEC). The documents requested are linked to the SEC’s non-answer to whether syndicated term loan notes constitute securities.
Defi Education Fund Issues FOIA Request for SEC Documents Linked to Kirschner v JPMorgan
The Defi Education Fund, an organization that seeks to achieve regulatory clarity in the decentralized finance space, has submitted a Freedom of Information Act (FOIA) request to the U.S. Securities and Exchange Commission (SEC) regarding its acts on the Kirschner v. JPMorgan case.
In Kirschner v. JPMorgan, the Second Circuit of the United States Court of Appeals ordered the SEC to submit “any views it wishes to share” on considering if syndicated term loan notes could be securities. However, the SEC declined to take sides, stating that it was “not in a position
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