In the securities lending transaction, the securities lender (transferor) acknowledges on its stability sheet securities obtained as collateral that it may possibly market or repledge. No, the transaction falls exterior the scope of ASC 860. The counterparty (believe in) is the issuer with the certificates surrendered through the reporting entity, https://57-cash62838.ltfblog.com/35041975/how-860-cash-can-save-you-time-stress-and-money