The Commission and its staff have considered that reverse retirement transactions, fixed commitment agreements, custody agreements, short selling, written options, futures, futures and certain other derivative transactions may include the issuance of a priority security subject to the prohibitions and asset hedging requirements referred to in Section 18 (a) and 18 (f) (1). However, the Commission and the General Staff have stated that they will not object to investment companies carrying out such transactions without meeting the asset hedging and other requirements of Sections 18(a) and 18(f)(1), provided that the investment companies divest themselves of the assets or `hedge` their obligations under the instruments, in accordance with Commission and staff guidelines. As an aid to registered investment companies and their legal assistance, the General Staff publishes the following bibliography of the authority and precedent for the use of priority securities by registered investment companies1. The institutes shall be held separately or separately. This is called safety separation. Home > Invest > investment products > Investment Funds & Separate Funds declared > Separate Funds If you pay before the maturity date The date on which an investment is due. On that day, you will get your money back without penalty. Stop all interest payments.+ Read the full definition, the guarantee does not apply. You will receive the current market value Market value The value of an investment on the invoice date. .