Sosnick, Fredric; Schodek, Ned S.; Loo, Alexa J. - In: Journal of Investment Compliance 13 (2012) 2, pp. 52-56
Purpose – The purpose of this paper is to help parties to “TBA contracts” better understand how their claims would be … treated in the event that a Securities Investor Protection Act of 1970 (SIPA) proceeding was commenced with respect to their … implications – This was an issue of first impression for the Bankruptcy Court and may have a binding effect on other TBA contracts …