📈Proposed Rule Change for Cross-Margining Agreement Between FICC and CME
The Securities and Exchange Commission announces the proposed Second Amended and Restated Cross-Margining Agreement between the Fixed Income Clearing Corporation and the Chicago Mercantile Exchange. This agreement aims to improve margin efficiency and risk management for eligible affiliates while ensuring compliance with regulatory standards. The changes also extend the termination notification period and clarify participant responsibilities in the cross-margining arrangement.
Learn More📈SEC Notice on ICE Clear Credit's Liquidity Risk Rule Change
The SEC has published a notice regarding ICE Clear Credit LLC's proposed rule change to its Liquidity Risk Management Framework, aimed at updating outdated references. This rule change is designated for immediate effectiveness, with a solicitation for public comments on its consistency with regulations governing securities exchanges and clearing agencies.
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