Pledge GMSLA: Difference between revisions

Pledge GMSLA (view source)

516 bytes removed , 6 December 2018

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-The [[pledge GMSLA]] is a version of the {{tag|GMSLA}} developed in late 2017 early 2018  where instead of transferring {{tag|collateral}} by [[title transfer]], you [[pledge]] it. Unlike the US standard stock lending agreement, the {{tag|MSLA}}, you don’t rehypothecate the collateral transferred to you, because that would defeat the purpose of pledging it in the first place<ref>An objection that is equally true of a US style pledge, but doesn't seem to have stopped the market insisting on one anyway.</ref>
+#redirect[[Pledge GMSLA Anatomy]]
-===What’s it for?===
-{{ref}}