Cannon (2).txt

Protect public from fraud

Create the SEC

Securities and exchange Commission

Establish standards for trustee pre and post default/established conflicts of interest

Changed pre to post default conflicts

Collateral debt obligations

Collateral loan obligations

Collateral bond obligations

Special purchase vehicle

Any asset that will generate a cash flow

ABS & MBS

Asset backed securities

Mortgage backed securities

Pre qualifying with sec to drawdown bonds

Need an opinion from trustee to ensure the collateral

Only one type of insurance

Municpal securities rule making board

Electronic Municipal Market Access

Disclosure of information from people selling bonds to people buying bonds

Anti money laundering

Receive with tender notice

Depository trust clearing corporation

Avoid closing transfer books to determine holder of record

Corporate Unsecured bond

Extend maturity

Eliminates TE bearer bonds

Interest Paid at maturity

Keep canvelled securities for 6 months in an easily accessible spot.

Determines tax exempt status

Is it taxable or tax exempt

Agreement between Two people who dont trust each other

Under 365 days

Initial filing for personal property

Continution

Sets forth the security for obligations to be issued

States purpose of the bond indenture

Municipal bankruptsy

Corporate reorganization

Money market and mutual funds

Advisors to money market investments

Transfers rule for operations

American Reinvestment & Recovery Act - BABs

To put on record at SEC

Annual report

Quarterly report

Material event report

Monthly servicer report

Transfer Agent annual report

1st or initial appointment

Eligibility for trustee to serve

Co trustee registration (two)

Foreign Trustee regiatration

Interest payment

Stock payment

Original discount