Regulatory Alerts2023-05-30 | 2023-10889Added · Updated
Covered Clearing Agency Resilience and Recovery and Wind-Down Plans
The Securities and Exchange Commission proposes amendments to the Covered Clearing Agency Standards to strengthen intraday margin requirements and mandate the use of substantive inputs for risk-based margin systems. The Commission also introduces a new rule establishing specific content requirements for the recovery and orderly wind-down plans of covered clearing agencies. These changes aim to enhance financial resilience by ensuring plans include essential elements for maintaining critical operations during stress scenarios.
More like this from SEC
SEC published 3 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share