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*[[Rehypothecation]]: The art of giving away something you do not have; | *[[Rehypothecation]]: The art of giving away something you do not have; | ||
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===Cultural imperialism=== | |||
We Brits are hardly ones to throw stones, but [[US attorney]]s have a tendency to suppose everyone knows about their jurisdiction, is in awe of it, and will have no objection to submitting to it. Every now and then you come across a [[counterparty]] in some far-flung backwater (continental {{tag|Europe}}, for example) who expresses bafflement or even affrontery at the thought of subjugating itself to the law of the [[:Category:US Securities Regulation|Americans]]. That this might happen takes some [[U.S. Attorney|Americans]] by surprise. Then again, the fact it takes some [[U.S. Attorney|Americans]] by surprise, takes everyone ''else'' by surprise. It is a fruitless task trying to get the bottom of who is most justifiably surprised but, for the record, it’s us. | |||
{{seealso}} | {{seealso}} |