Template:M comp disc GMSLA 10.3
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Curiously, this clause is lacking in the 2018 Pledge GMSLA. Perhaps because there will be all kinds of rinky-dinks with security enforcement, account control agreements and all that tedious stuff, meaning that is really isn’t literally true. However, the gist of the original message should not be lost and, alas and lack, it does tend to get lost in the minds of paranoid legal eagles that should be reviewing the stock lending agreements for their clients. Especially private practice lawyers, who are now so out of practice in passing on the terms of the 2010 GMSLA that they are often at a loss to understand its commercial gist.