20 Mar 2025
📈Proposed Rule Change on Risk Management by ICE Clear Credit
Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change Relating to the Risk Parameter Setting and Review Policy and the Risk Management Model Description
Summary
The SEC published a notice regarding ICE Clear Credit LLC's proposed rule change to enhance its Risk Parameter Setting and Review Policy and Risk Management Model Description for securities and derivatives. The revisions aim to clarify risk management methodologies and improve documentation, promoting efficiency in the clearance and settlement of financial transactions.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The content involves compliance and regulatory requirements, specifically concerning the proposed changes to ICE Clear Credit LLC's risk management policies. These changes impact businesses engaged in securities transactions and derivatives, emphasizing improved risk management processes.