The securities would remain over the equilibrium sheet but could possibly be reclassified as “securities pledged as collateral” for transparency. In the lender’s perspective, the securities been given are deemed proceeds of a sale or borrowing beneath ASC 860, Even with their characterization as collateral in The everyday securities lending https://quickmoneylenders13183.jaiblogs.com/64356714/a-secret-weapon-for-860-cash