10 Jul 2025
📄SEC Notice on DTC Settlement Service Guide Amendments
Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Settlement Service Guide To Make a Technical Change Relating to DTC's Memo Segregation Function and To Update DTC's Mailing Address
Summary
The SEC published a notice regarding the proposed rule change by The Depository Trust Company (DTC), which aims to amend its Settlement Service Guide. The changes involve technical adjustments to the Memo Segregation function and updates to DTC's mailing address, promoting accurate information and compliance for participants engaged in securities transactions.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change amends DTC's Settlement Guide by updating Memo Seg functionality and its mailing address. This impacts compliance for participants in securities transactions and requires attention from business owners regarding DTC's updated procedures to ensure adherence to regulatory changes.