Notice 19 Mar 2025 securities, regulatory compliance, risk management, dtc, financial services, clearing agencies

📊SEC Proposal to Amend Clearing Agency Risk Management Framework

The Securities and Exchange Commission has published a notice regarding a proposed rule change by The Depository Trust Company to amend its Clearing Agency Risk Management Framework. The amendments aim to clarify processes surrounding risk management and improve overall operational efficiency. Stakeholders are invited to submit comments on the proposed changes.

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Notice 14 Mar 2025 compliance, securities, financial services, risk management, arbitration, finra

⚖️Proposed Changes to FINRA Arbitration Rules and Their Impact

The SEC is considering a proposed rule change from FINRA to amend the Codes of Arbitration Procedure related to the selection process for arbitrators. Key adjustments aim to increase the representation of non-chair-qualified public arbitrators and streamline administrative practices within arbitrations, ensuring more effective dispute resolution protocols. External stakeholder input on this proposal is also invited.

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Notice 12 Mar 2025 regulation, business compliance, risk management, infrastructure, flood insurance, washington, fema, hazard determination

🌊FEMA Proposes Flood Hazard Determinations Impacting Businesses

Comments are requested on proposed flood hazard determinations, which may include additions or modifications of any Base Flood Elevation (BFE), base flood depth, Special Flood Hazard Area (SFHA) boundary or zone designation, or regulatory floodway on the Flood Insurance Rate Maps (FIRMs), and where applicable, in the supporting Flood Insurance Study (FIS) reports for the communities listed in the table below. The purpose of this notice is to seek general information and comment regarding the preliminary FIRM, and where applicable, the FIS report that the Federal Emergency Management Agency (FEMA) has provided to the affected communities. The FIRM and FIS report are the basis of the floodplain management measures that the community is required either to adopt or to show evidence of having in effect in order to qualify or remain qualified for participation in the National Flood Insurance Program (NFIP).

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Notice 12 Mar 2025 regulations, risk management, flood insurance, fema, community compliance, flood hazard determination, business insurance

🌊Changes in Flood Hazard Determinations

This notice lists communities where the addition or modification of Base Flood Elevations (BFEs), base flood depths, Special Flood Hazard Area (SFHA) boundaries or zone designations, or the regulatory floodway (hereinafter referred to as flood hazard determinations), as shown on the Flood Insurance Rate Maps (FIRMs), and where applicable, in the supporting Flood Insurance Study (FIS) reports, prepared by the Federal Emergency Management Agency (FEMA) for each community, is appropriate because of new scientific or technical data. The FIRM, and where applicable, portions of the FIS report, have been revised to reflect these flood hazard determinations through issuance of a Letter of Map Revision (LOMR), in accordance with Federal Regulations. The currently effective community number is shown in the table below and must be used for all new policies and renewals.

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Notice 11 Mar 2025 risk management, securities regulation, margin requirements, financial markets, volatility event charge, fixed income

💰Proposed Volatility Event Charge Affects FICC Member Obligations

The Securities and Exchange Commission is reviewing a proposal from the Fixed Income Clearing Corporation to adopt a Volatility Event Charge. This charge aims to enhance risk management during periods of heightened market volatility by adjusting margin requirements to improve the resilience of clearing operations.

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Notice 28 Feb 2025 doe, supply chain, procurement, regulatory compliance, risk management, ferc

🛠️FERC Notice on Supply Chain Risk Management Workshop Details

The Department of Energy and the Federal Energy Regulatory Commission will host a workshop focused on supply chain risk management on March 20, 2025. The event aims to discuss proposed standards for assessing supply chain risks, specifically the validation of vendor information, encouraging entities to enhance their procurement processes and risk management strategies. The workshop will be hybrid, allowing for both in-person and virtual attendance.

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Notice 24 Feb 2025 business compliance, risk management, business operations, flood insurance, fema, community planning, environmental policy, flood regulation

🌊Changes in Flood Hazard Determinations

This notice lists communities where the addition or modification of Base Flood Elevations (BFEs), base flood depths, Special Flood Hazard Area (SFHA) boundaries or zone designations, or the regulatory floodway (hereinafter referred to as flood hazard determinations), as shown on the Flood Insurance Rate Maps (FIRMs), and where applicable, in the supporting Flood Insurance Study (FIS) reports, prepared by the Federal Emergency Management Agency (FEMA) for each community, is appropriate because of new scientific or technical data. The FIRM, and where applicable, portions of the FIS report, have been revised to reflect these flood hazard determinations through issuance of a Letter of Map Revision (LOMR), in accordance with Federal Regulations. The currently effective community number is shown in the table below and must be used for all new policies and renewals.

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Notice 11 Feb 2025 options clearing, securities, financial regulation, margin, compliance, risk management

📈Margin Add-On Charge Proposed by Options Clearing Corporation

The Securities and Exchange Commission issued a notice regarding a proposed rule change by the Options Clearing Corporation to establish a margin add-on charge. This measure aims to mitigate risks associated with intraday and overnight trading, particularly focusing on the trading of short-dated options. The proposal includes various amendments addressing industry feedback and regulatory standards.

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Notice 6 Feb 2025 commodity futures trading commission, risk management, financial regulations, swap dealers, compliance

📊CFTC Notice on Renewal of Information Collection for Swap Dealers

The Commodity Futures Trading Commission ("Commission" or "CFTC") is announcing an opportunity for public comments on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("PRA"), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed renewal of an existing collection of information, and to allow 60 days for public comment in response to the notice. This notice solicits comments on the collection of information mandated by Commission regulations 23.600 (Risk Management Program for Swap Dealers and Major Swap Participants), 23.601 (Monitoring of Position Limits), 23.602 (Diligent Supervision), 23.603 (Business Continuity and Disaster Recovery), 23.606 (General Information: Availability for Disclosure and Inspection), and 23.607 (Antitrust Considerations).

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Notice 4 Feb 2025 compliance, risk management, cftc, derivatives, clearing members, financial stability

📊CFTC Notice on Clearing Member Risk Management Compliance

The Commodity Futures Trading Commission ("Commission" or "CFTC") is announcing an opportunity for public comment on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("PRA"), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment. This notice solicits comments on the obligation to maintain records related to clearing documentation between a customer and the customer's clearing member, as required under Commission regulations.

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