9 May 2025
📈SEC Notice on Intraday Mark-to-Market Charge Proposal
Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To Adopt an Intraday Mark-To-Market Charge at GSD
Summary
The Securities and Exchange Commission has published a notice regarding a proposed rule change from the Fixed Income Clearing Corporation to implement an Intraday Mark-to-Market Charge. This change is under review, with public comments being considered, and may influence the trading and transaction processes within the government securities market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice details a proposed rule change related to the adoption of an Intraday Mark-to-Market Charge which could impact transaction costs and risks for businesses engaging in government securities. This directly relates to compliance requirements for market participants, affecting their financial strategies and operations.