11 Jun 2025
📉Proposed Rule Change on Intraday Margin Collection by NSCC
Self-Regulatory Organizations; National Securities Clearing Corporation; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of Proposed Rule Change, as Modified by Amendment No. 1, Concerning the Collection of Intraday Margin
Summary
The Securities and Exchange Commission has approved amendments to regulations concerning the collection of intraday margin by the National Securities Clearing Corporation. These changes are designed to enhance compliance with updated margin requirements, ensuring sufficient coverage for credit exposures while clarifying the processes for determining and collecting margin.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule changes involve compliance with updated intraday margin requirements, which can significantly affect liquidity and risk management for businesses involved in securities transactions. Compliance with these regulations will be essential for member firms to manage potential risks associated with clearing and settlement effectively.