Notice
29 Apr 2025
compliance, regulation, financial services, nscc, recovery, exchange act, wind-down
📊Proposed Rule Change for NSCC's Recovery and Wind-Down Plan
The Securities and Exchange Commission has published a notice regarding the National Securities Clearing Corporation's proposed amendments to its Recovery and Wind-Down Plan. This update aims to meet new regulatory requirements outlined in Exchange Act Rule 17ad-26, ensuring the continuity and effectiveness of its financial services during recovery scenarios. The proposed changes enhance clarity and compliance standards for the clearing agency's operations.
Learn More