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Investing Glossary:
Commingling
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| In the context of securities, this involves mixing customer-owned securities with brokerage firm-owned securities. This process is referred to as rehypothecation, which is the use of customers` Collateral to secure their loans. This is LEGAL with customer consent, although some securities and collateral must be kept separately.
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