DTCC has issued a statement in light of the recent amendments
introduced by the Securities and Exchange Commission (SEC), set to significantly
impact the U.S. Treasury clearing.
DTCC mentioned that it is taking the requisite
measures to align with these amendments. The organization aims to facilitate
discussions, offer guidance, and disseminate information vital for market participants
navigating these changes.
These amendments bring forth added regulatory clarity,
outlining extensive clearing requirements and defining implementation
timelines. The implications of these rulings are poised to shape the future of
the U.S. Treasury cash and repo markets, obligating a substantial portion of
secondary market transactions to be centrally cleared by specified deadlines.
Expect ongoing updates as this story evolves…
DTCC has issued a statement in light of the recent amendments
introduced by the Securities and Exchange Commission (SEC), set to significantly
impact the U.S. Treasury clearing.
DTCC mentioned that it is taking the requisite
measures to align with these amendments. The organization aims to facilitate
discussions, offer guidance, and disseminate information vital for market participants
navigating these changes.
These amendments bring forth added regulatory clarity,
outlining extensive clearing requirements and defining implementation
timelines. The implications of these rulings are poised to shape the future of
the U.S. Treasury cash and repo markets, obligating a substantial portion of
secondary market transactions to be centrally cleared by specified deadlines.
Expect ongoing updates as this story evolves…
