21 May 2025
💰OCC Proposes Changes to Master Repurchase Agreement for Liquidity
Self-Regulatory Organizations; The Options Clearing Corporation; Notice of No Objection To Advance Notice Concerning The Options Clearing Corporation's Proposed Amendments to Certain Key Terms of a Master Repurchase Agreement for a Committed Liquidity Facility With a Bank Counterparty as Part of the Options Clearing Corporation's Overall Liquidity Plan
Summary
The Securities and Exchange Commission has issued a notice of no objection to The Options Clearing Corporation's proposed amendments to a Master Repurchase Agreement. These changes aim to enhance OCC's liquidity management and address risks associated with counterparty defaults, ultimately promoting financial stability in the options market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content addresses regulatory changes concerning a master repurchase agreement, which affects how The Options Clearing Corporation (OCC) manages liquidity and credit risk. The amendments may open avenues for financial support and could potentially impact businesses engaging with OCC, making compliance and risk management crucial.