This document outlines the rights and obligations of OBSland Pershing and the Client regarding securities transactions, including short sales, margin requirements, and tax implications. It details the procedures for handling short sales, mandatory close-outs, and the tax treatment of earnings on pledged municipal securities. The document also covers the rehypothecation of margined shares and the associated tax consequences, as well as additional risks and collection remedies.
doj/DataSet10/EFTA01390344.pdf
{"document_type":"legal","document_subtype":"contract","key_organizations":["OBSland Pershing","DBSI"],"reference_numbers":["13-AWM-0196","012145.032813","DB-SDNY-0094822","SDNY_GM_00241006","EFTA01390344"]}