Latest

NSCC Alert! Proposed rule changes around the process by which Members may submit instructions to NSCC to indicate which short positions they do not wish to settle and should be exempt from delivery. To be implemented Monday, October 3, 2022

Source SR-NSCC-2022-012: Self-Regulatory Organizations; National Securities Clearing Corporation; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Make a Number of Clarifications and Enhancements to NSCCโ€™s Rules & Procedures CNS Delivery Exemptions Section D of Procedure VII describes the procedures for controlling deliveries to CNS, including
dismal-jellyfish ๐Ÿ“ฐ News

SEC Alert! SEC Proposes Rules to Improve Risk Management in Clearance and Settlement and to Facilitate Additional Central Clearing for the U.S. Treasury Market

Source: https://www.sec.gov/news/press-release/2022-162 Proposed Rule Specifically, the proposal would require that clearing agencies in the U.S. Treasury market adopt policies and procedures designed to require their members to submit for clearing certain specified secondary market transactions. These transactions would include: all repurchase and reverse
dismal-jellyfish ๐Ÿ“ฐ News