Search Results for citation:"90 FR 18875"

The Actuarial Advisory Committee, under the Railroad Retirement Board, will hold a virtual public meeting on May 29, 2025, at 10 a.m. central daylight time. The committee will discuss the 2025 Annual Report, as required by the Railroad Retirement Act of 1974 and the Railroad Retirement Solvency Act of 1983. The report’s draft has been prepared and sent to the committee members for review. Those interested in attending or participating in the meeting should contact Patricia Pruitt at Patricia.Pruitt@rrb.gov for details on joining the virtual meeting.

The Securities and Exchange Commission has announced a proposed rule change filed by the National Securities Clearing Corporation (NSCC) to update their Clearing Agency Securities Valuation Framework. This update involves new rules for how clearing agencies like NSCC, Fixed Income Clearing Corporation (FICC), and The Depository Trust Company (DTC) manage the use of reliable data sources in their risk-based margin systems, particularly when some data may not be readily available or reliable. The proposal also suggests adding a glossary of key terms to improve clarity, and is designed to ensure these organizations continue to meet regulatory requirements for managing financial risks effectively. Public comments are invited on the proposed changes, which aim to strengthen NSCC's policies and procedures for managing credit exposure and ensuring accurate clearance and settlement of securities.