8 Jan 2025
📈SEC Notice on DTC Proposed Rule Change for Settlement Services
Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Settlement Service Guide
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text discusses a proposed rule change by the DTC that modifies settlement processing procedures, potentially impacting transaction efficiency and compliance for businesses reliant on these services. This directly affects business owners and executives involved in settlement operations, as it demands adaptation to new regulatory standards.