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Securities lending, the repo market, is a large well understood and regulated existing market.
by justincormack 5y ago
Securities lending, the repo market, is a large well understood and regulated existing market.
- darksaints 5y agoSecurities lending is regulated by FINRA, not the SEC.
- chews 5y agoNo, FINRA is an SRO, meaning they effectively police and audit the securities industry. FINRA takes guidance from the SEC and enforces the rules by way of fines, separate from any action of the SEC.