In [W], Witten considered the indices of elliptic operators on the free loop space CM of a spin manifold M. In particular the index of the formal signature operator on the loop space is exactly the elliptic genus of Landweber-Stong-Ochanine [LS],[O]. Motivated by physics, Witten made the conjectures about the rigidity of these elliptic operators which say that their 51-equivariant indices on M are independent of g G Sl. See [L] for the early history of the subject.

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We investigate the asymptotic distributions of coordinates of regression M-estimates in the moderate p/n regime, where the number of covariates p grows proportionally with the sample size n. Under appropriate regularity conditions, we establish the coordinate-wise asymptotic normality of regression M-estimates assuming a fixed-design matrix. Our proof is based on the second-order Poincare inequality (Chatterjee, 2009) and leave-one-out analysis (El Karoui et al., 2011). Some relevant examples are indicated to show that our regularity conditions are satisfied by a broad class of design matrices. We also show a counterexample, namely the ANOVA-type design, to emphasize that the technical assumptions are not just artifacts of the proof. Finally, the numerical experiments confirm and complement our theoretical results.