Notice 9 May 2025 dtc, clearing agencies, capital policy, regulation, sec, financial compliance

💰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.

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Notice 8 May 2025 compliance, securities, regulation, clearing agencies, risk management, financial services

📈Notice on Proposed Rule Changes for Clearing Agencies by SEC

The Securities and Exchange Commission issued a notice regarding proposed rule changes from The Depository Trust Company, Fixed Income Clearing Corporation, and National Securities Clearing Corporation. These changes aim to modify existing disruption rules to enhance operational resiliency and address system disconnects, with a longer review period designated for comprehensive evaluation.

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Notice 2 May 2025 clearing agencies, regulation, securities, risk management, compliance, margin systems

📈Proposed Rule Changes to Clearing Agency Securities Valuation Framework

The Securities and Exchange Commission has issued a notice regarding proposed rule changes to the Clearing Agency Securities Valuation Framework by the Fixed Income Clearing Corporation. The changes aim to incorporate substantive inputs into risk-based margin systems, enhance compliance with new regulations, and improve the management of securities' pricing risks.

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Notice 2 May 2025 clearing agencies, financial services, regulation, securities, risk management, compliance

📈SEC Proposes Rule Change for Clearing Agency Securities Valuation

The Securities and Exchange Commission has published a notice regarding a proposed rule change by The Depository Trust Company, aimed at updating the Clearing Agency Securities Valuation Framework. The changes will enhance the standards for risk-based margin systems and ensure the use of reliable and timely data inputs in financial transactions, focused on maintaining robust risk management and compliance mechanisms.

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Notice 28 Apr 2025 clearing agencies, financial services, regulatory compliance, recovery plans, ffic, orderly wind-down

📈FICC's Proposed Rule Change on Recovery and Wind-Down Plans

The Securities and Exchange Commission has published a notice regarding FICC's proposed rule change aimed at amending its Recovery and Wind-Down Plan. This proposal is intended to meet compliance with new regulatory requirements, enhancing the clarity and effectiveness of the plan designed to maintain critical financial services during market stress scenarios.

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Notice 16 Apr 2025 financial risk management, ice clear credit, regulatory compliance, securities, margin calls, clearing agencies

💰Proposed Rule Change on ICC Treasury Operations Policies & Procedures

The SEC has published a notice regarding ICE Clear Credit LLC's proposed rule change to amend its Treasury Operations Policies and Procedures. The proposed changes aim to formalize and improve transparency regarding intraday margin call processes, ensuring effective risk management and compliance with regulatory standards in securities transactions and derivative agreements.

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Notice 7 Apr 2025 sec, regulatory compliance, financial services, risk management, dtc, clearing agencies

📈DTC Proposed Rule Change for Recovery and Wind-Down Plan

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.

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Notice 19 Mar 2025 securities, regulatory compliance, risk management, dtc, financial services, clearing agencies

📊SEC Proposal to Amend Clearing Agency Risk Management Framework

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.

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Rule 4 Mar 2025 treasury securities, financial regulation, clearing agencies, securities, compliance

📈Extension of Compliance Dates for Treasury Securities Regulations

The Securities and Exchange Commission ("Commission" or "SEC") is extending the compliance date for the amendments to the rules applicable to covered clearing agencies for U.S. Treasury securities ("U.S. Treasury securities CCAs"), which require that such covered clearing agencies have written policies and procedures reasonably designed to require that every direct participant of the covered clearing agency submit for clearance and settlement all eligible secondary market transactions in U.S. Treasury securities to which it is a counterparty and to identify and monitor its direct participants' submission of transactions for clearing, including how the U.S. Treasury securities CCA would address a failure to submit transactions, that were adopted on December 13, 2023. Specifically, the Commission is extending the compliance dates by one year, from December 31, 2025, to December 31, 2026, for eligible cash market transactions, and from June 30, 2026, to June 30, 2027, for eligible repo transactions.

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Notice 4 Mar 2025 sec, clearing agencies, financial regulation, compliance, security-based swaps

📄SEC Notices Extension Request for Rule 239 Compliance

The Securities and Exchange Commission has submitted a request for an extension of information collection under Rule 239, which provides exemptions for certain security-based swaps. The notice invites public comments on the relevance and burden of the information collection process to enhance its utility and minimize compliance costs for clearing agencies.

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