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The Depository Trust Company (DTC) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to introduce new fees for its Money Market Instrument Program (MMI Program). This change aims to amend the DTC Fee Schedule to add new charges for adjustments in MMI processing that require manual intervention due to errors or late reconciliation by participants. The goal is to motivate participants to input accurate data and make timely adjustments to avoid additional settlement and operational risks. The proposed fees are tiered based on the type and risk level of the required adjustment, ranging from $2,000 to $10,000 per CUSIP.

The Depository Trust Company (DTC) has proposed a plan to raise up to $3 billion through the issuance of senior notes, a type of debt, to strengthen its liquidity resources. This is a part of their strategy to ensure they have enough funds to complete financial settlements even if a major participant fails to meet their obligations. By diversifying their sources of liquidity, they aim to reduce dependency on current credit facilities and manage financial risks better. The Securities and Exchange Commission (SEC) is seeking public comments on this proposal.

The Depository Trust Company (DTC) proposed a rule change to update fees for certain settlement services, effective January 1, 2025. This proposal involves increasing fees for Deliver Orders during both day and night settlement cycles, as well as for tracking services and transactions with the National Securities Clearing Corporation's Continuous Net Settlement system. DTC argues that these increases are necessary to align costs with revenue while maintaining a low-margin markup, and ensures that fees are allocated equitably among participants who use these services. The proposal aims to help DTC cover its operating expenses and continue meeting regulatory requirements.

The Securities and Exchange Commission (SEC) is announcing a new rule change proposed by The Depository Trust Company (DTC) intended to update an existing agreement with the National Securities Clearing Corporation (NSCC). This change, which has already been filed and is effective immediately, aims to enhance processes like cross-endorsement and liquidity obligations between the two clearing agencies. These updates include consolidating obligations into a single guaranty, improving valuation of securities, better information sharing, and allowing more precise selection of securities. The public is invited to submit comments on whether the changes align with legal standards until February 13, 2025.

The Securities and Exchange Commission announced that The Depository Trust Company (DTC) has proposed a rule change to introduce a new fee for its optional service called ClaimConnect. This service allows participants to match and settle cash claim transactions, like payment requests due to trading discrepancies, using a new system. The fee will charge $1.75 per side for matched claims, totaling $3.50 per transaction, to help cover DTC's costs for developing and operating the service. The new fees will be implemented starting January 1, 2021, and participants have the option to continue settling claims through their existing methods if they choose not to use ClaimConnect.

The Depository Trust Company (DTC) submitted a proposal to the Securities and Exchange Commission (SEC) to issue up to $3 billion in senior notes. The goal is to enhance DTC's liquidity by having more cash available in case a participant fails to meet their financial obligations. This idea aims to make DTC less reliant on existing credit resources and better prepared to meet its liquidity needs. The SEC reviewed the plan and concluded that it aligns with financial stability goals and risk management standards, thus posing no objections to the proposal.

The Securities and Exchange Commission approved proposed changes to the investment policies of the Depository Trust Company, Fixed Income Clearing Corporation, and National Securities Clearing Corporation. These changes are intended to align their policies with new rules for managing U.S. Treasury securities transactions and safeguarding customer margins. The proposal includes a process to keep proprietary and customer funds separate and independently managed, which aims to enhance the stability and security of these financial transactions. The updated policies are meant to ensure that funds are secure and properly managed even in the event of a financial default.

The Securities and Exchange Commission announced that The Depository Trust Company (DTC) filed a proposed rule change on March 10, 2025. This change aims to update and clarify the Clearing Agency Risk Management Framework by modifying review procedures and removing references to the Systemic Risk Council. The Commission invites public comments on this proposed rule change until April 9, 2025. Further details about the proposal can be found on the DTC and SEC websites.

The proposed rule change by The Depository Trust Company (DTC), filed with the Securities and Exchange Commission (SEC), aims to update the ClaimConnect Service Guide. This change introduces a new "Claim Upload" function that allows users to submit multiple claims simultaneously, instead of manually entering each claim one by one. Additionally, the update will include clarifying, technical, and administrative changes to ensure the guide remains clear and current, all of which are intended to streamline the processing of cash claims related to securities transactions. DTC believes these improvements will facilitate the accurate and speedy settlement of securities transactions without affecting competition.