💰Rule Change Proposal on Capital Policy and Replenishment Plan
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.
Learn More📈FICC's Proposed Rule Changes on Capital Policy and Replenishment Plan
The Securities and Exchange Commission announces the Fixed Income Clearing Corporation's proposed amendments to its Capital Policy and Capital Replenishment Plan. The revisions aim to simplify and clarify the policy, ensuring effective management of capital reserves needed for business continuity against potential financial losses. The plan updates authorization procedures to enhance operational resilience.
Learn More📈Proposed Rule Changes to NSCC Capital Policy and Replenishment Plan
The National Securities Clearing Corporation (NSCC) has filed a notice for proposed amendments to its Capital Policy and Capital Replenishment Plan. These changes aim to simplify and clarify existing statements while documenting alternate authorizations for business continuity. The updates are designed to maintain compliance with regulatory standards and ensure effective management of general business risks.
Learn More