82,927
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 19: | Line 19: | ||
===Where you see a right of rehypothecation=== | ===Where you see a right of rehypothecation=== | ||
*Under an {{1994csa}} it may be switched on or off. | *Under an {{1994csa}} — {{nyvmcsaprov|Use of Posted Collateral (VM)}} under Paragraph {{nyvmcsaprov|6(c)}} — it may be switched on or off. | ||
*Under the US | *Under the US market-standard {{msla}}. | ||
*{{ | *It is a pretty fundamental part of a {{t|prime brokerage}} offering. | ||
===Where you ''don’t''=== | ===Where you ''don’t'' see it=== | ||
*Under a [[pledge GMSLA]]. Because, like, why ''would'' you? | *Under a [[pledge GMSLA]] used for [[agent lending]]. Because, like, why ''would'' you? The whole point is to immobilise collateral and keep it out of the lender’s [[bankruptcy estate]] | ||
*In your contractual documentation with a [[UCITS]] fund | *In your contractual documentation with a [[UCITS]] fund: | ||
{{ucits and reuse}} | |||
{{sa}} | {{sa}} | ||
*{{nyvmcsaprov|Use of Posted Collateral (VM)}} | *{{nyvmcsaprov|Use of Posted Collateral (VM)}} | ||
{{ref}} | {{ref}} |