📈Proposed Rule Changes to Clearing Agency Securities Valuation Framework
Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing of Proposed Rule Change To Update the Clearing Agency Securities Valuation Framework To Include Use of Substantive Inputs
Summary
The Securities and Exchange Commission has issued a notice regarding proposed rule changes to the Clearing Agency Securities Valuation Framework by the Fixed Income Clearing Corporation. The changes aim to incorporate substantive inputs into risk-based margin systems, enhance compliance with new regulations, and improve the management of securities' pricing risks.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
This notice outlines proposed regulatory changes to the Clearing Agency Securities Valuation Framework, impacting compliance and risk management strategies for businesses involved in securities transactions. It requires clearing agencies to maintain robust policies for reliable data inputs, which may affect financial operations and risk assessments for business owners and executives in the securities industry.