Loose prepositional phrases

Towards more picturesque speech™ →Go uptown SEC guidance on plain EnglishIndex: Click ᐅ to expand: Plain English Drafting Metaphor Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Loose prepositional phrases

Careful, by the way, about being too trigger-happy about loose prepositional phrases like this. There is a howler in the definition of income in the 2010 GMSLA:

Income means any interest, dividends or other distributions of any kind whatsoever with respect to any Securities or Collateral;

Here, it should say “...distributions of any kind whatsoever paid under the Securities or Collateral.”

Distributions paid with respect to the Securities could include amounts paid by unreleted third parties that reference the Securities: you know, like derivative payments. Payments on credit events, where the underlier has blown up. Payments that could be levered, or modified, but nonetheless paid by reference to the shares themselves. So that would be bad. Borrowers of stock loans have no intention to manufacture these kinds of payments.

See also

• In connection with
• In relation to
• with respect to
• Arising out of or in connection with