11 Jun 2025
📈FICC Proposed Rule Changes for Intraday Margin Collection
Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of Proposed Rule Change as Modified by Amendment No. 1, Concerning the Collection of Intraday Margin
Summary
The SEC has approved a proposed rule change by the FICC concerning enhancements in the collection of intraday margins, requiring more frequent monitoring and adjustments based on market volatility. This change aims to improve financial stability and safeguard investor interests while aligning with new regulatory requirements under the CCAS Margin Rules.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The notice outlines a proposed rule change regarding intraday margin collection by the FICC, directly impacting compliance requirements for financial institutions. These changes necessitate adjustments in risk management procedures and may affect liquidity management for businesses involved in securities transactions.