Type:Notice
Citation:90 FR 12858
Reading Time:about 3 minutes
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.
Simple Explanation
The Securities and Exchange Commission is looking at a new plan from The Depository Trust Company to make their safety check system better and easier to understand. They want people to tell them what they think about this change by April 9, 2025.