7 Apr 2025
📈DTC Proposed Rule Change for Recovery and Wind-Down Plan
Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Recovery and Wind-Down Plan
Summary
The SEC published a notice regarding a proposed rule change by the Depository Trust Company (DTC) to amend its Recovery and Wind-Down Plan. The changes reflect recent business developments and aim to enhance clarity and efficiency in risk management protocols, thereby ensuring continued access to critical services in liquidity or credit crises.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document announces a proposed rule change to amend the Recovery and Wind-Down Plan of the Depository Trust Company, underlining compliance and regulatory requirements for clearing agencies. These changes could impact how businesses rely on DTC's services during financial stress, potentially affecting transaction clearance, access to services, and overall market stability.