💼LCH SA Proposes New Collateral Concentration Limits for Clearing Members
Self-Regulatory Organizations; LCH SA; Notice of Filing of Proposed Rule Change Relating to Collateral Concentration Limits
Summary
The Securities and Exchange Commission (SEC) has announced LCH SA's proposed rule change to amend collateral concentration limits for supranational and European agency securities. The revision aims to provide more flexibility for clearing members in meeting initial margin requirements, allowing for individual limits per issuer while maintaining risk management standards.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by LCH SA alters the collateral concentration limits for clearing members, directly impacting their margin requirements and risk management strategies. Business owners and executives in the finance sector must adapt to these new regulations, which may require adjustments in collateral management and impact availability of certain securities as margin.