Treasury Market Practices Group Updates its Fails Charge Practice Recommendations
The Treasury Market Practices Group (TMPG) is releasing an updated version of the group's Frequently Asked Questions: TMPG Fails Charges to clarify two issues: (1) TMPG fails charge recommendations apply to U.S. Treasury, agency debt and agency mortgage-backed securities transactions settling outside the United States, and (2) TMPG fails charge recommendations do apply to transactions in agency commercial mortgage-backed securities.
Treasury Market Practices Group Updates its Fails Charge Practice Recommendations
October 19, 2020
Frequently Asked Questions: TMPG Fails Charges
October 19, 2020 |