A user agreement where the parties may enter into transactions in which one party (a „lender“) lends certain securities to the other party (a „borrower“) against a transfer of collateral. a user agreement in which the parties may enter into transactions in which one party (a „Seller“) agrees to transfer securities or other assets to the other (a „Buyer“) against the transfer of funds by the Buyer, with a simultaneous agreement by the Buyer to transfer such securities to the Seller at any given time or upon request; against the transfer of funds by the seller. A contract of use where the parties enter into transactions involving the purchase or sale of mortgage-backed securities and other securities that may be determined, including under issuance, TBA, dollar roll and other transactions that may result in or lead to the late delivery of securities. Press Release › This form may be used by FINRA member companies entering into securities lending agreements with clients with respect to fully paid or excess securities supported on behalf of the client. The form has been designed to meet the client`s disclosure obligations in accordance with FINRA Rule 4330(b)(2)(B). Please note that member companies may be required to add or revise disclosures or make other changes to the form to ensure that the information is consistent with the operation of the company`s unique securities lending program. The Master Securities Forward Transaction Agreement (MSFTA) is a framework agreement that allows the purchase and sale of futures and other late delivery securities. The first version of the MSFTA was published in 1996 by the Securities Industry Financial Market Association (SIFMA).