4 Jun 2025
📈ICE Clear Credit
Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change Relating to the ICE Clear Credit Recovery Plan and the ICE Clear Credit Wind-Down Plan
Summary
The SEC has published a notice regarding proposed rule changes for the ICE Clear Credit Recovery and Wind-Down Plans. These changes aim to enhance the organization's governance structure, ensure regulatory compliance, and clarify the management of risks associated with clearing services and relationships with external service providers.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines significant regulatory changes to the ICE Clear Credit Recovery and Wind-Down Plans, reflecting compliance with SEC regulations that impact business procedures and risk management strategies for financial institutions. These changes mandate clear governance structures and reinforce risk management practices essential for operational resilience.