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48-hour rule

Campbell R. Harvey's picture
Submitted by Campbell R. Harvey on Tue, 11/17/2009 - 01:12

PSA Uniform Practices requirement that all pool information in a to be announced (TBA) transaction be communicated by the seller to the buyer before 3 p.m. EST on the business day 48 hours prior to the agreed-upon trade date.





Copyright © 2009, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

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