CmaBylaw
Executive Bylaws
10-1-1 Of Module Eleven: Dealing in Securities
Section: Chapter Ten: Attachment of Securities
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Wednesday, 08 November 2017
If the Clearing Agency receives an attachment notice concerning a Security –to pay the debt of the seller– within the settlement period, the attachment shall be in the cash price of the security. If the Clearing Agency receives a notice of attachment of the cash price of a Security –to pay the debt of the buyer– within the settlement period, the attachment shall be of the Security subject of the deal after registering it in the buyer’s name.
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