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48 hour rule

• The requirement that all pool information, as specified under the PSA Uniform Practices, in a TBA transaction be communicated by the seller to the buyer before 3 p.m. EST on the business day 48-hoursprior to the agreed upon trade date.

 
 Embedded terms in definition
 M
Pool
Psa
Tba
Trade date
Trade
 
 Related Terms
 Basic irr rule
Capital impairment rule
Discounted payback period rule
Insolvency rule
Net present value rule
Net profits rule
Prudent investor rule
Rule 144a
Rule 415
Rule of 5
Rule of 72
Sec rule 15c3 1
Triple witching hour
Uniform net capital rule
Variance rule

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What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

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