"Everything will remain fluid for quite some time to come--and that, of course, is great for lawyers and no one else."

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"Everything will remain fluid for quite some time to come--and that, of course, is great for lawyers and no one else."

--Simon Gleeson, partner at Clifford Chance, speaking at the International Swaps and Derivatives Association's annual general meeting last week on regulatory upheaval in the retail structured products market.

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