Proposed Rule
Covered Clearing Agency Resilience and Recovery and Wind-Down Plans
Overview
The Securities and Exchange Commission (“Commission”) is proposing to amend certain portions of the Covered Clearing Agency Standards under the Securities Exchange Act of 1934 (“Exchange Act”) to strengthen the existing rules regarding margin with respect to intraday margin and the use of substantive inputs to a covered clearing agency’s risk-based margin system. The Commission is also proposing a new rule to establish requirements for the contents of a covered clearing agency’s recovery and wind-down plan.
Resources
Details
Public Comments Due
July 17, 2023
File Number
S7-10-23
Rule Type
Proposed
Release Number
34-97516
SEC Issue Date
May 17, 2023
Federal Register Publish Date
July 17, 2023
Document Citation
88 FR 34708
RIN
3235-AN19
Public Comments