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Client Asset Segregation — Much Ado About Nothing or the End of the World as We Know It?
When assessing the turbulence on the financial markets of the last few years, one of the main outcomes for investors was a heightened awareness of cash and security arrangements. In particular, it has become en vogue among asset owners to ask their custodians to segregate client assets from the custodians’ proprietary assets. While asset segregation…
Reference: CapLaw-2012-40