Notice 15 Sep 2025 options clearing corporation, finance, guaranty substitution payment, clearing members, liquidity risk management, securities regulation

💰OCC Proposed Rule Changes for Liquidation Risk Management and GSP

The OCC has proposed revisions to its liquidity risk management framework, specifically regarding the accounting processes for Guaranty Substitution Payments (GSP). These changes aim to improve accuracy in financial assessments related to defaulting Clearing Members, ensuring that the OCC better manages its liquidity demands and reduces unnecessary resource collection from its members.

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