Mitigating
Risks in Securities Lending Transactions
Irving Klubeck
Managing Director
PERSHING LLC
Jersey City, New Jersey
Securities Lending is a very profitable business for all parties – but
not understanding the business reasons behind the transaction can lead
to unhappy customers, tax liability, legal liability, regulatory
scrutiny, and real economic losses. Mr. Klubeck will use real examples
to highlight the risks in securities lending that are typically unseen
or unperceived – and how to avoid them.
