19 Mar 2025
📊SEC Proposal to Amend Clearing Agency Risk Management Framework
Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Clearing Agency Risk Management Framework
Summary
The Securities and Exchange Commission has published a notice regarding a proposed rule change by The Depository Trust Company to amend its Clearing Agency Risk Management Framework. The amendments aim to clarify processes surrounding risk management and improve overall operational efficiency. Stakeholders are invited to submit comments on the proposed changes.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by The Depository Trust Company impacts the risk management practices of clearing agencies, which is crucial for business owners and executives involved in securities and financial transactions. Any amendments to the risk framework could lead to changes in operational compliance and risk assessment strategies for firms relying on these services.