Fixed Income Clearing Corporation Requests Extended Timeframe for Review of Proposed Rule Change to Update Margin Requirements for Trading

Summary

The Fixed Income Clearing Corporation has submitted a notice to the Commission requesting an extended period for review and comment on a proposed rule change aimed at modifying the calculation of the Minimum Buffer Stock Daily Value (MBSD VaR) floor to incorporate a minimum margin amount, with the proposed timeframe for Commission action and public comment extended from 30 to 90 days.