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The Securities and Exchange Commission (SEC) has approved a proposal by the Options Clearing Corporation (OCC) to implement a new margin add-on charge aimed at reducing risks from short-dated options trading and intraday activities. This charge will be applied to all clearing member accounts to ensure sufficient financial resources are available to cover credit exposure. The decision comes as a response to the significant increase in trading volume and the associated risks that were not fully addressed under the previous margin system. Despite some industry concerns about potential impacts on competition, the SEC determined that the changes are necessary to safeguard securities and funds while ensuring fair competition.

The Securities and Exchange Commission (SEC) is considering a proposed rule change by the Fixed Income Clearing Corporation (FICC) to introduce a "Volatility Event Charge." This charge is designed to help FICC manage and reduce its risk during periods of significant market upheaval, like major elections or economic announcements, that could cause large market movements. The proposed change is aimed at ensuring FICC has enough financial resources to protect against potential losses if a clearing member defaults during such volatile times. The SEC invites public comments on this proposal, which would add more stability to financial markets by proactively managing associated risks.