Which of the following elements is NOT required to be in a repurchase agreement between a bank that is a government securities dealer and a counterparty?
A) A statement that the funds are not insured by the FDIC
B) A list of the specific securities that are the subject of the agreement
C) A provision for substitution of securities if they can be substituted
D) A statement that the bank is a regulated government securities dealer
Correct Answer:
Verified
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