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Securities Owned | 12 Months Ended
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Dec. 31, 2019
Investments Debt And Equity Securities [Abstract] |
Securities Owned |
8. | Securities Owned
Securities owned primarily consist of unencumbered U.S. Treasury bills held for liquidity purposes. Total Securities owned were $57.5 million as of December 31, 2019 and $58.4 million as of December 31, 2018. For additional information, see Note 13—“Fair Value of Financial Assets and Liabilities.”

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