Search Results for citation:"86 FR 7751"

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Search Results: citation:"86 FR 7751"

  • Type:Notice
    Citation:86 FR 7751
    Reading Time:about 11 minutes

    ICE Clear Credit LLC (ICC) has submitted a proposed rule change to the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934. The proposal aims to update its Rulebook to allow for clearing an additional Standard Emerging Market Sovereign credit default swap contract related to Ukraine. This change is intended to reduce counterparty risk and improve the safeguarding of margin assets without altering ICC's existing risk management framework. The U.S. Securities and Exchange Commission is inviting public comments on this change to ensure that it aligns with statutory requirements.

    Simple Explanation

    ICE Clear Credit wants to make a new rule to help them safely trade a special kind of financial agreement about Ukraine, and they're asking people if they think that's a good idea.

  • Type:Notice
    Citation:86 FR 7751
    Reading Time:less than a minute

    The Securities and Exchange Commission announced that a previously scheduled closed meeting was canceled. The meeting was set for January 27, 2021, at 2:00 p.m. For further details, Vanessa A. Countryman of the Office of the Secretary can be contacted. The announcement was documented in the Federal Register on February 1, 2021.

    Simple Explanation

    The Securities and Exchange Commission was going to have a secret meeting, but they decided not to have it anymore. If anyone wants to know more about this, they can ask a person named Vanessa at the SEC.