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legal investment |
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On the investment side, legal investment laws applicable to pension funds, insurance companies, banks, financial institutions and other institutional investors may restrict their participation in the ABS markets. 2 episode of ``Squawk Box'' that he tried to ``short'' the company's stock, a legal investment strategy based on the hope that a company's stock price will fall. Also, the state law legal investment preemption will allow state-chartered or state-regulated entities such as banks, thrifts, credit unions, insurance companies and others to invest in commercial mortgage-backed securities as long as the securities are in the top two ratings tiers of at least one nationally recognized ratings agency. |
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