11 Mar 2025
📈SEC Notice on ICE Clear Credit's Liquidity Risk Rule Change
Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to the Liquidity Risk Management Framework
Summary
The SEC has published a notice regarding ICE Clear Credit LLC's proposed rule change to its Liquidity Risk Management Framework, aimed at updating outdated references. This rule change is designated for immediate effectiveness, with a solicitation for public comments on its consistency with regulations governing securities exchanges and clearing agencies.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to the ICC Liquidity Risk Management Framework could impact financial stability and compliance requirements for businesses involved in securities clearing. Removing outdated references may influence operational practices and risk management strategies of firms relying on ICC services.