9 May 2025
💰Rule Change Proposal on Capital Policy and Replenishment Plan
Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Capital Policy and the Capital Replenishment Plan
Summary
The SEC has announced a proposed rule change by The Depository Trust Company to amend its Capital Policy and Capital Replenishment Plan. The revisions aim to update and clarify operational protocols, ensuring adequate capital reserves and alternate authorizations to enhance business continuity. Comments on the proposal are being solicited from interested parties.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines proposed rule changes by the Clearing Agencies that impact capital requirements and replenishment plans, which are crucial for maintaining operational viability. Such regulatory shifts affect how businesses engaged with these entities manage their financial strategies and compliance efforts.