Interesting, DTC is 9 days out from migrating to a modernized Clearing Fund Management (CFM) application and some members have yet to confirm a migration date even though this is an ongoing membership requirement under DTC rules.

I wonder why some folks would slow walk modernized clearing?!?... /s

https://www.dtcc.com/-/media/Files/pdf/2023/6/14/B18656-23.pdf

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