Market regulation · 10/10/2012

ICE Clear Credit LLC Seeks Approval for New Rule Change to Clear Additional Single Name Investment Grade CDS Contracts

ICE Clear Credit LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend Schedule 502 of its rules, allowing for the clearing of additional single name investment grade credit default swap (CDS) contracts, as part of its efforts to expand its services and improve market efficiency.