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Matt Levine’s Money Stuff: Barclays Lost Track of Its Notes (Correct)

This is just a routine thing that you have to do: If you have registered a finite number of securities, you keep track of how many you have issued, so you don’t run out of room on your registration statement. This is so routine, so obvious, that apparently everyone at Barclays assumed that someone else was doing it, and no one actually did.

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