fiduciary_status

Identification of instruments in which the observed agent acts in its own name but on behalf of and with the risk borne by a third party

fiduciary

Instrument in which the observed agent acts in its own name but on behalf of and with the risk borne by a third party

non_fiduciary

Instrument where the observed agent does not act on behalf of a third party, and the risk and economic consequences remain with the agent itself.