Template:M comp disc 1994 NY CSA 2

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The great difference between the 1994 NY CSA (and its regulatory variation margin descendent, the 2016 NY VM CSA) and the English variants.[1] The NY law versions operate by means of a pledge; the English law ones by means of title transfer. Therefore there is no equivalent to this provision in the English law CSAs (though there is in the seldom-used English law CSD).

  1. Being the 1995 CSA and the 2016 VM CSA.