Ever since you came with that hypothetical theory of how he may be representing a market maker, he disappeared. You achieved what we all couldn't achieve all these years
‘‘(A) is made in connection with the issuance of additional shares or obligations of the regulated entity in at least an equivalent amount; and ‘‘(B) will reduce the financial obligations of the regulated entity or otherwise improve the financial condition of the entity.’’.
looks good - although would be better if the AND said OR ?
not sure how one handles the A part (but if the GOV wants to they can invent a security that pushes that new ownership so far into the future it is non existent -as one example - to worry about in 100 years)