Cryptocurrency Q&A What are legacy securities?

What are legacy securities?

EthereumElite EthereumElite Thu Dec 26 2024 | 6 answers 1096
I'm trying to understand what legacy securities are. Could someone please explain to me what these securities entail, their characteristics, and how they differ from other types of securities? What are legacy securities?

6 answers

SilenceSolitude SilenceSolitude Sat Dec 28 2024
On March 23, 2009, the Treasury Department unveiled a significant initiative.

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Martino Martino Sat Dec 28 2024
This initiative was named the Legacy Securities Public-Private Investment Program (PPIP).

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SeoulSoul SeoulSoul Sat Dec 28 2024
The primary objective of PPIP was to bolster the functioning of financial markets.

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amelia_miller_designer amelia_miller_designer Sat Dec 28 2024
PPIP aimed to enhance price discovery in specific market segments.

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ShadowFox ShadowFox Fri Dec 27 2024
These segments included legacy Commercial Mortgage-Backed Securities (CMBS).

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