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Template:M summ GMSLA Income: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{gmsla income}} ==={{gmslaprov|Income}} versus {{gmslaprov|Corporate action}}s=== So the question is how this dovetails into the Manufactured payments in respect of Loaned...") |
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{{gmsla income}} | {{gmsla income|gmslaprov}} | ||
==={{gmslaprov|Income}} versus {{gmslaprov|Corporate action}}s=== | ==={{gmslaprov|Income}} versus {{gmslaprov|Corporate action}}s=== | ||
So the question is how this dovetails into the [[Manufactured payments in respect of Loaned Securities - GMSLA Provision|manufactured income]] provisions where the {{gmslaprov|Income}} in question is in some way contingent on a [[corporate action]], vote, or shareholding status. | So the question is how this dovetails into the [[Manufactured payments in respect of Loaned Securities - GMSLA Provision|manufactured income]] provisions where the {{gmslaprov|Income}} in question is in some way contingent on a [[corporate action]], vote, or shareholding status. | ||
For if you lent the security to me — [[title transfer]] — and I [[Short sale|sold it short]] (as one does under a [[stock lending]] arrangement) and then a [[corporate action]] arose which entitled each shareholder who makes a certain election to receive a certain distribution, must I manufacture that distribution to you, even if I didn't make that election or, for that matter, even hold the share to be able to make that election? | For if you lent the security to me — [[title transfer]] — and I [[Short sale|sold it short]] (as one does under a [[stock lending]] arrangement) and then a [[corporate action]] arose which entitled each shareholder who makes a certain election to receive a certain distribution, must I manufacture that distribution to you, even if I didn't make that election or, for that matter, even hold the share to be able to make that election? | ||