Search Results for keywords:"Securities Information Processor"

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Search Results: keywords:"Securities Information Processor"

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  • 2024-28896 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 7.37-E
    Type:Notice
    Citation:89 FR 99318
    Reading Time:about 9 minutes

    NYSE Arca, Inc. has proposed a change to Rule 7.37-E to specify how it obtains data feeds from Investors' Exchange, LLC (IEX) for handling orders and compliance purposes. The proposal aims to enhance transparency and improve the performance of its systems by using IEX direct feeds as primary data sources and the Securities Information Processor (SIP) as secondary. The Securities and Exchange Commission (SEC) has waived a typical 30-day delay, allowing the changes to take effect immediately to coincide with scheduled technology updates on December 7, 2024. The SEC is inviting public comments on this change until December 31, 2024.

    Simple Explanation

    NYSE Arca wants to change how it gets information to help handle orders faster by using quick data from another company called IEX. The group in charge quickly said yes so the change could happen alongside some updates, and now they are waiting to hear what people think about it.

  • 2021-02755 — Security-Based Swap Data Repositories; DTCC Data Repository (U.S.), LLC; Notice of Filing of Application for Registration as a Security-Based Swap Data Repository
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    Type:Notice
    Citation:86 FR 8977
    Reading Time:about 34 minutes

    The Securities and Exchange Commission (SEC) has received an application from DTCC Data Repository (U.S.) LLC (DDR) to be registered as a Security-Based Swap Data Repository (SDR) and a Securities Information Processor (SIP). DDR intends to handle data for transactions involving equity, credit, and interest rate derivatives. The SEC is seeking public comments on this application to help decide whether to approve it. The application outlines how DDR plans to manage its operations, ensure security, and handle compliance with legal requirements.

    Simple Explanation

    The SEC is thinking about letting a company called DDR keep track of special trading data to help people understand big financial trades. They want to know what people think about this idea before saying yes or no.