Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I know that I have securities that are safekept at the HLB; why are they not included in the Collateral Customer Summary – Collateral Position Report?

April 26, 2017collateral customer hlb included position report securities summary

0

Posted

I know that I have securities that are safekept at the HLB; why are they not included in the Collateral Customer Summary – Collateral Position Report?

1 Answer

0

Posted

• • Securities that are safekept with the HLB need to be specifically pledged for advance borrowings. If they are not specifically pledged, then they are not available for immediate borrowing. If you have securities that you would like to pledge towards borrowings, please contact Safekeeping at (201) 356-1067 or your Calling Officer at (212) 441-6700.