Notice
5 Mar 2025
clearinghouse, securities, finance, ficc, regulation, compliance, payments
💰FICC Proposes Rule Change on Funds-Only Settlement Amount Payments
The Securities and Exchange Commission publishes a notice regarding the Fixed Income Clearing Corporation's proposed rule change to modify Funds-Only Settlement Amount payment provisions within its Government Securities Division Rulebook. The changes aim to clarify settlement designations and discharge obligations upon payment, enhancing compliance for participants in the securities market. Comments are invited from interested parties.
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