Market regulation · 07/10/1994

SEC Approves Rule Change by Participants Trust Company to Eliminate Deliver's Security Interest and Add Intraday Collateral Lien

The Securities and Exchange Commission (SEC) has approved a proposed rule change by Participants Trust Company, which eliminates Deliver's security interest and adds a participant's intraday collateral lien, as part of a self-regulatory organization's (SRO) efforts to enhance market stability and risk management.