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Always uttered in the negative, and with insincere remorse — i.e., “sadly, there’s no bright line test” — a bright line test is a metaphysical concept that does not exist as a matter of US Law. It is a US attorney’s means of evading any responsibility for anything she says or does, instantly rendering any legal opinion she may have written to you worthless.
Usage
“There is no bright line test in the rules, and consequently there is always a potential risk that regulators might be inclined to take the view that your good faith practice on which your firm designed its implementation was not compl ...” zzzzz zzzz zzzz HEY! WAKE UP!
See also