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Pennsylvania’s Supreme Court has dealt a unanimous1 blow to plaintiffs’ asbestos lawyers, and potentially to plaintiffs’ lawyers in a wide range of pharmaceutical, chemical and tobacco products cases requiring scientific evidence to prove specific causation.

On Oct. 26, 2011, the U.S. Securities and Exchange Commission adopted Form PF, the form to be used by SEC-registered investment advisers to provide the new Financial Stability Oversight Council, the systemic risk oversight body created by the Dodd-Frank Wall Street Reform and Consumer Protection Act, with information necessary to help it monitor the systemic risk created by private funds, among other things.