Search Results for keywords:"trade submission requirement"

Found 1 results

Search Results: keywords:"trade submission requirement"

2024-29627 — Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Partial Amendment No. 1, Relating to the Adoption of a Trade Submission Requirement
December 17, 2024
Type:Notice
Citation:89 FR 102207
Reading Time:about 3 minutes
The Securities and Exchange Commission has extended its decision deadline concerning a rule change proposed by the Fixed Income Clearing Corporation (FICC). Originally submitted on June 12, 2024, the proposal involves a trade submission requirement, and comments on it have been received. After a partial amendment by FICC on September 24, 2024, the Commission decided to delay its decision to allow more time for consideration. The new deadline for the decision is set for February 26, 2025.
Simple Explanation
The government group that looks after how money trades are made wants more time to think about a change in the rules for how trades are reported. They now have until the end of February to make a decision.

Showing 1 to 1 of 1 results