In this podcast, Ellen Hefferan, Executive Vice President of Operations & Accounting, highlights Primary Delayed Compensation and the purpose behind doing a primary delayed comp....
New Primary Delayed Compensation Standards A Discussion with the LSTA Ellen Hefferan, EVP of Operations and Accounting, LSTA February, 2020 2 Primary Delayed Compensation to begin during 1Q2020 Purpose is to: (i) increase liquidity, (ii) produce faster settlement times for both primary and secondary trades, and (iii) comply with the mission of the LSTA, which...
The LSTA will roll-out the Primary Delayed Compensation Protocol (the “Protocol”), a comprehensive new standard that will expedite the settlement of primary allocations and secondary trades, during the 1st quarter of this year....
