Market regulation · 27/06/2024

Self-Regulatory Organizations; Fixed Income Clearing Corporation; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Modify the GSD Rules (i) Regarding the Separate Calculation, Collection and Holding of Margin for Proprietary Transactions and That for Indirect Participant Transactions, and (ii) To Address the Conditions of Note H to Rule 15c3-3a

The US Securities and Exchange Commission has initiated proceedings to review a proposed rule change by the Fixed Income Clearing Corporation to modify its GSD rules regarding margin calculations and conditions for Rule 15c3-3a.