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{{G}}Always uttered in the negative, and with insincere remorse — i.e., “sadly, [[there’s no bright line test]]” — a [[bright line test]] is a [[Metaphysics|metaphysical]] concept that does not exist as a matter of {{tag| | {{G}}Always uttered in the negative, and with insincere remorse — i.e., “sadly, [[there’s no bright line test]]” — a [[bright line test]] is a [[Metaphysics|metaphysical]] concept that does not exist as a matter of {{tag|New York Law}} (or for that matter Federal law or any other state’s 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=== | ===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 | “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 might not be [[Recharacterised|recharacterized]] as a [[safe harbor]] to Title III of Regulation G of Rule 14-a7 of the [[40 Act]] ...” zzzzz zzzz zzzz HEY! WAKE UP! | ||
{{seealso}} | {{seealso}} | ||
*[[Chicken licken]] | *[[Chicken licken]] | ||
*[[US Attorney]] | *[[US Attorney]] |