📈Proposed Rule Changes for Cboe Magnificent 10 Index Options
The notice addresses a proposed rule change by the Cboe Exchange aimed at introducing p.m.-settled options for the Cboe Magnificent 10 Index. This includes adjustments to existing rules to enhance trading flexibility and expand expiration dates, effectively providing market participants with new strategies for managing investment risks and optimizing portfolio performance.
Learn More📈ICC Rule Change on CDS On-boarding Policies and Procedures
The Securities and Exchange Commission approved ICC's proposed rule changes to the CDS Instrument On-boarding Policies. Key amendments include revising guiding principles for instrument selection, reflecting current practices, and streamlining the voluntary quote submission period. The changes aim to enhance the efficiency and accuracy of the clearing process for market participants.
Learn More🌍EPA Notice on Risk Management Program Requirements for Businesses
The Environmental Protection Agency (EPA) has submitted an information collection request (ICR), Risk Management Program Requirements and Petitions to Modify the List of Regulated Substances the Clean Air Act (EPA ICR Number 1656.19, OMB Control Number 2050- 0144) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act (PRA). This is a proposed extension of the ICR, which is currently approved through September 30, 2025. Public comments were previously requested via the Federal Register on April 17, 2025 during a 60-day comment period. This notice allows for an additional 30 days for public comments.
Learn More💵FICC's Intraday Mark-to-Market Charge
The SEC has approved a proposed rule change by the Fixed Income Clearing Corporation (FICC) to adopt an Intraday Mark-to-Market Charge. This change aims to manage intraday risks associated with Members' portfolios by adjusting margin calculations, thereby enhancing financial stability and risk assessment for government securities trading.
Learn More📈SEC Notice on Information Collection Activities for Rule 18a-1
The SEC is submitting a request for an extension of information collection activities under Rule 18a-1, which establishes net capital requirements and risk management standards for stand-alone security-based swap dealers. This notice includes details on compliance obligations and estimated burdens associated with the rule's implementation.
Learn More📊Regulatory Compliance for Nonbank Major SWAP Participants Under Rule 18a-2
The SEC is proposing an extension for information collection under Rule 18a-2, which mandates nonbank major security-based swap participants to establish robust risk management systems and comply with specific capital requirements, ultimately ensuring market stability amid substantial operational risks.
Learn More📈SEC Extends Review Period for LCH SA Risk Policy Changes
The Securities and Exchange Commission has designated an extended review period for LCH SA's proposed updates to its risk governance framework and various risk policies. These changes are crucial for organizations utilizing LCH SA for trading and collateral services, ensuring that their risk management practices align with regulatory standards.
Learn More📈SEC Rule 15c3-5 Compliance Requirements for Brokers
The SEC is seeking an extension for information collection under Rule 15c3-5, which mandates brokers to implement and document risk management controls and procedures. This includes annual certifications from executives, comprehensive documentation, and regular reviews to manage the financial risks of trading activities effectively. Compliance with this rule is essential for broker-dealers accessing exchanges or alternative trading systems.
Learn More🌊FEMA Seeks Comments on Flood Insurance Program Information Collection
The Federal Emergency Management Agency (FEMA) will submit the information collection abstracted below to the Office of Management and Budget for review and clearance in accordance with the requirements of the Paperwork Reduction Act of 1995. FEMA invites the general public to take this opportunity to comment on a revision of a currently approved information collection. In accordance with the requirements of the Paperwork Reduction Act of 1995, this notice seeks comments concerning the Office of the Flood Insurance Advocate's (OFIA) Ask the Advocate web form and the removal of two instruments that are no longer needed.
Learn More💵ICC Application for Clearing Agency Registration Under SEC
The Securities and Exchange Commission is reviewing an application from ICE Clear Credit LLC to register as a clearing agency for U.S. Treasury securities. This application outlines ICC’s proposed operational structure, risk management strategies, and the establishment of a Treasury Guaranty Fund, inviting public comment on the regulatory implications for market participants.
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