Market regulation · 29/09/1994

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

The Securities and Exchange Commission (SEC) has approved a proposed rule change by Participants Trust Company, which eliminates the deliverer's security interest and adds a participant's intraday collateral lien, as part of its self-regulatory organization framework.