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Template:M comp disc GMSLA 7: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{2010 GMSLA Section 7 TOC}}") |
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{{ | The rate payable on {{gmslaprov|Loaned Securities}} and, for the {{gmsla}} only, provision for [[interest]] on {{gmslaprov|Cash Collateral}}. You wouldn’t ''have'' cash collateral in a {{pgmsla}}, the very point of the transaction being to upgrade all those crappy equity securities sitting on your balancesheet that you [[rehypothecate]]d as [[collateral]] for your margin loans and bought as {{eqderivprov|Hedge Positions}} for your [[delta-one]] [[synthetic equity swap]]s. | ||
Aside from chopping out that middle paragraph {{gmslaprov|7.2}} relating to {{gmslaprov|Cash Collateral}}, and some conforming amendments, the {{pgmsla}} has much the same vibe as the {{gmsla}}. | |||