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Termination of title transfer collateral arrangements - CASS Provision: Difference between revisions
Termination of title transfer collateral arrangements - CASS Provision (view source)
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A paranoid rule introduced in the wake of the financial meltdown of 2008 aimed to stop those with title transfer collatreral arrangements converting them to pledged arrangements at the last minute, just as the counterparty was turning to [[Vanillesoße]], and thereby defeating perfectly ordinary creditors. | |||