Brian L. Frye (University of Kentucky – College of Law) has posted SEC No-Action Letter Request (Creighton Law Review, Forthcoming) on SSRN. Here is the abstract:
This article is a work of conceptual art in the form of a law review article. It argues that the sale of conceptual art violates the Securities Act of 1933. And it proposes to prove itself by requesting an SEC no-action letter holding that the sale of a work of conceptual art titled "SEC No-Action Letter Request" does not violate the securities laws.
This blog post is not an endorsement of or solicitation for the sale of the work that can be downloaded by following the above link. Readers are cautioned that they download at their own risk and that the value of the work is highly speculative.