The document discusses the risks and conditions associated with Synthetic Securities and Collateral Obligations. It highlights the lack of voting rights, credit risk, potential conflicts of interest, and the impact of downgrades by rating agencies. It also covers the handling of Defaulted Obligations, Ramp-Up Risk, and the acquisition of Collateral Obligations prior to the Closing Date.
doj/DataSet10/EFTA01376072.pdf
{"document_type":"legal","document_subtype":"financial disclosure","key_organizations":["Moody's","S&P","Issuer","Synthetic Security Counterparty","Collateral Manager","Initial Purchaser","Placement Agent"],"reference_numbers":["DB-SDNY-0071910","SDNY_GM_00218094","EFTA01376072"]}