Legal Opinions

These opinions are free to SIFMA members only. A member log-in is required; typically the e-mail address associated with your member profile is your username; once you enter your login information the PDF will download, possibly opening in a new window depending on your browser settings.

This page hosts all legal opinions related to the: Master Repurchase Agreement (MRA); Master Securities Loan Agreement (MSLA); and Master Securities Forward Transaction Agreement (MSFTA). You will be prompted to enter your member login.

Five opinions on the enforceability and netting provisions of the Master Repurchase Agreement (MRA) from counsel in the Cayman Islands, Bermuda, British Virgin Islands and the U.S.

Netting and general enforceability for the Master Securities Loan Agreement (MSLA) under U.S. law.

Netting and general enforceability opinions for the Master Securities Forward Transaction Agreement (MSFTA).