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It’s a similar situation in which a deeply financially distressed company is attempting to sell securities, the same considerations are operating in both situations. The fact that one is in bankruptcy and the other is not, would not make any difference in terms of SEC regulation.

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    Quiz

    Are you a quotes master?

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    Who said: "When you have a dream, you've got to grab it and never let it go."
    A C. S. Lewis
    B Abraham Lincoln
    C Carol Burnett
    D Tobias Wolff