The document discusses the treatment of customer assets and collateral arrangements in the event of insolvency for U.S. broker-dealers, FCMs, and banking organizations. It outlines the rights and risks associated with the use of customer assets and collateral, including the potential impact on property interests and claims in insolvency proceedings. The document also highlights the differences in treatment under U.S. law and customer protection systems.
doj/DataSet10/EFTA01385560.pdf
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