SIFMA US Treasury Clearing Legal Opinions
Legal Opinions
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SIFMA US Treasury Clearing Legal Opinions
US legal opinions on the “done with” documentation for Treasury clearing including an enforceability opinion and both a downstream and upstream opinion.
The .zip file download includes the following 3 PDF documents:
- SIFMA - Done-With Agreements Enforceability Opinion (August 15, 2025)
- Downstream Opinion (August 14, 2025)
- Upstream Opinion (October 17, 2025)