📈SEC Notice on OCC's Revised Recovery and Wind-Down Plan
The SEC has announced the extension of the review period for proposed modifications to the Options Clearing Corporation's Recovery and Orderly Wind-Down Plan. This notice allows additional time for the SEC to assess the implications of the proposed rule changes, which aim to align with recent SEC regulations.
Learn More📈ICE Clear Credit
The SEC has published a notice regarding proposed rule changes for the ICE Clear Credit Recovery and Wind-Down Plans. These changes aim to enhance the organization's governance structure, ensure regulatory compliance, and clarify the management of risks associated with clearing services and relationships with external service providers.
Learn More📈OCC's Proposed Rule Change for Recovery and Wind-Down Plan
The Securities and Exchange Commission has published a notice concerning the proposed rule change by the Options Clearing Corporation, aimed at modifying its Recovery and Orderly Wind-Down Plan. This initiative intends to align with recently adopted SEC rules, enhancing transparency and efficacy in financial stability during extreme market conditions by identifying core services and necessary staffing roles.
Learn More📈DTC Proposed Rule Change for Recovery and Wind-Down Plan
The SEC published a notice regarding the proposed amendments to The Depository Trust Company's Recovery and Wind-Down Plan, ensuring compliance with new regulatory requirements. The Plan covers strategies for recovery from financial losses and orderly wind-down procedures. This proposal is designed to maintain continuity of essential services amidst potential market stress.
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