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Master Securities Lending Agreement: Difference between revisions
Master Securities Lending Agreement (view source)
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{{anat|gmsla}} | {{anat|gmsla}} | ||
The prevailing market standard {{tag|New York law}} {{tag|stock lending}} master agreement. Compare with the {{gmsla}}. | The prevailing market standard {{tag|New York law}} {{tag|stock lending}} master agreement, under which collateral passes by [[pledge]], though pledgees are entitled to [[Rehypothecation|rehypothecate]], so it might as well pass by [[title transfer]]. | ||
Compare with the {{gmsla}}, and the [[pledge GMSLA]], under which a pledgee would ''not'' be entitled to [[rehypothecate]]. | |||
{{seealso}} | {{seealso}} | ||
*[[Pledge GMSLA]] | *[[Pledge GMSLA]] | ||