This week in review Tess Virmani offers an initial analysis of the Private Funds Disclosure Rule,  Elliot Ganz explains why, despite CLOs being exempted, the LSTA decided to join the Private Funds Rule Litigation. (Spoiler: Private Credit and dangerous precedent.), Hugo Pereira celebrates another strong month in the secondary loan market, Meredith Coffey discusses burgeoning loan market challenges – and the LSTA’s growth to address them and Elliot Ganz briefly recaps our Kirschner webcast and directs readers to more extensive reference materials.