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The prevailing market standard {{tag|New York law}} {{tag|stock lending}} master agreement | {{anat|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]]. | ||
{{sa}} | |||
*[[Pledge GMSLA]] |