gathermore
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DUE TO 'COMPLIANCE CONCERNS', DTC TO APPLY 100% COLLATERAL HAIRCUTS (ZERO VALUE) TO ALL SECURITIES ISSUED BY AFFILIATES OF LOC LENDERS, EFFECTIVE TODAY -DTCC
https://www.dtcc.com/-/media/Files/...Notice_DTC-Haircut-Updates-20230502_Final.pdf'
This means none of these bank stocks can now be used as collateral for loans.
https://www.dtcc.com/-/media/Files/...Notice_DTC-Haircut-Updates-20230502_Final.pdf'
This means none of these bank stocks can now be used as collateral for loans.