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Sub-custodian: Difference between revisions
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It may in turn appoint a [[subcustodian]] who will hold all the [[prime broker]]'s client assets in a single [[omnibus]] account, in the [[prime broker]]'s name but marked as "client assets" and therefore unavailable for the prime broker's creditors. | It may in turn appoint a [[subcustodian]] who will hold all the [[prime broker]]'s client assets in a single [[omnibus]] account, in the [[prime broker]]'s name but marked as "client assets" and therefore unavailable for the prime broker's creditors. | ||
===[[No lien letter]]s=== | |||
{{No lien letters}} | |||
===See also=== | ===See also=== | ||