US SEC Unlocks a New Currency for Wall Street’s Most Overlooked Market
The US SEC is now permitting broker-dealers to make use of a wider vary of shares—particularly, baskets of enormous American corporations from the Russell 1000 and S&P 500 Indices—as collateral when borrowing securities from giant institutional traders. Previously, corporations might solely use safer, conventional belongings like money, US authorities bonds, or financial institution ensures as…
