📈Changes to Cross-Margining Agreement Impacting Financial Operations
The document details the Securities and Exchange Commission's approval of a revised Cross-Margining Agreement between the Fixed Income Clearing Corporation and the Chicago Mercantile Exchange. Key changes address the management of proprietary positions, margin requirements, and customer protections to enhance efficiency and risk management in financial operations.
Learn More📊New SEC Regulations for Clearing Agencies on Securities Valuation
The SEC has approved partial amendments to rule changes concerning the Clearing Agency Securities Valuation Framework. This update mandates the use of substantive inputs alongside timely price data for risk management and margin calculations, enhancing operational stability and regulatory compliance in the clearing process.
Learn More💵New Liquidity Risk Framework Changes Approved for LCH SA
The Securities and Exchange Commission has approved revisions to LCH SA's Liquidity Risk Modelling Framework, enhancing its approach to managing liquidity risks associated with clearing services. The updates aim to clarify operational requirements, improve data accuracy, and ensure compliance with regulatory standards for effective liquidity management.
Learn More💰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📈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.
Learn More📈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.
Learn More📈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.
Learn More📈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.
Learn More💰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.
Learn More📈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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