Tireless work with the trade association has always included educating on proposed regulations and the provision of a nexus to regulators, through comment letters or informally, according to Anna Pinedo, partner at Mayer Brown. "When Estimated Initial Value became an issue, we tried to bring together a lot of those conversations and find some measure of consensus," said Pinedo, adding that the market continues to be very exciting to watch and develop. "How platforms take hold; what kind of effec

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