Agreements and Acknowledgments Regarding Hedging Activities - Equity Derivatives Provision: Difference between revisions

Agreements and Acknowledgments Regarding Hedging Activities - Equity Derivatives Provision (view source)

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 {{fullanat|eqderiv|13.2(a)|}}
+An enormous wodge of text which states the bleeding obvious, well meaningly intended to disarm paranoid tax lawyers who would worry that an equity derivative (especially a [[delta-one]] [[synthetic prime brokerage]] trade) might look like a wheeze to do the taxman out of stamp duty or other transaction tax attaching to a cash equity trade.
+It has, as the Bard put it, a “methinks the lady doth protest too much” feel about it, but you will see it applied in the synthetic PB space. Though it would be an odd hedge about which these characteristics did not apply.
 {{nuts|Equity Derivatives|13.2(a)}}