Dtcc rule change passed. Here's how it impacts public companies, hedge funds, and .

Dtcc rule change passed 1, To Update the Clearing Agency Securities Valuation Framework To Include Use of Substantive Inputs Apr 17, 2025 · Pursuant to Section 19 (b) (1) of the Securities Exchange Act of 1934 (“Exchange Act”) [1] and Rule 19b-4 thereunder, [2] notice is hereby given that on April 10, 2025, The Depository Trust Company (“DTC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I, II and III below, which Items have been prepared by the VI. Pursuant to this proposed rule change, DTCC Systems Participant would be redefined in the Disruption Rules as, “(A) any [Respective Participant Mar 25, 2021 · DTCC Passes Rule Change for U. By eliminating inconsistent use of terminology, the proposed changes should help to improve the effectiveness of the Investment Policy. DTC filed the proposed rule change pursuant to Section 19(b)(3)(A) of the Act3 and Rule 19b-4(f)(2) thereunder. The proposed rule change was published for comment in the Federal Register on March 11, 2025. Hedge Funds, Explained Recently, the Depository Trust & Clearing Corporation (DTCC) changed the rules. If Participants or other authorized users of DTC's services fail to follow these Procedures precisely, DTC shall bear no responsibility for any losses associated with such failures. 3 Rule 17ad-22(e)(3)(ii) requires registered clearing agencies to, in short, establish, implement and maintain plans for the Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change The proposed rule change would amend Rule 42 (Suspension of Rules) of the GSD Rules. " 5 hours ago · Shabana Mahmood said to settle in Britain for good is ‘not a right, but a privilege’ as she unveiled major changes to immigration policy Text of the Proposed Rule Change The proposed rule change of The Depository Trust Company (“DTC”)1 as provided in Exhibit 5. NSCC filed the proposed rule change pursuant to Section 19(b)(3)(A) of the Act3 and Rule 19b-4(f)(4) thereunder. The Push for Purpose The proposed rule change will (i) correct DTC’s rule filing record by unwinding the 2014 Filing regarding DTC’s NIIDS and (ii) update the description of NIIDS in the OA to more clearly describe NIIDS. II and III below, which Items have been prepared by the clearing agency. DTC has designated Text of the Proposed Rule Change Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”),1 and Rule 19b-4 thereunder,2 The Depository Trust Company (“DTC”) is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to update the Clearing Agency Securities Valuation Framework (“Framework”) of DTC and its affiliates, Fixed Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of Proposed Rule to Amend the DTC Operational Arrangements (Necessary for Securities to Become and Remain Eligible for DTC Services) 2024-003, SR-FICC-2024-006, and SR-NSCC-2024-003, respectively, pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”)1 and Rule 19b-4 thereunder (the “Proposed Rule Changes”). 34 -103398; File No. Service Help Open the MAS Service Help for end-to-end resources, including: GTR M AS Resources contains a list of technical documents and download links. Text of Proposed Rule Change The proposed rule change of National Securities Clearing Corporation (“NSCC”) is attached hereto as Exhibit 5 and consists of proposed modifications to the NSCC Rules & Procedures (“Rules”)1 that would (i) establish new membership categories and requirements for sponsoring members and sponsored members whereby existing Members would be permitted to sponsor Home Rules and Regulations Self-Regulatory Organization Rulemaking Self-Regulatory Organization Rulemaking The purpose of the proposed rule change is to amend Rule 38(A) (Systems Disconnect: Threat of Significant Impact to the Corporation’s Systems) of the Rules, By-Laws and Organization Certificate of DTC. 18 hours ago · As described above, the Proposed Rule Changes introduce and amend several definitions in the Disruption Rules, streamline governance for declaring a Major System Event, add more granular notification requirements for DTCC Systems Participants, introduce a structured reconnection process, which includes reporting, testing, and approval following “DTCC Systems Participant” is currently defined in the Disruption Rules as, “a [Respective Participant], or third party service provider, or service bureau that is connecting with the DTCC Systems. Feb 7, 2024 · After careful review of the Proposed Rule Change, the Commission finds that the Proposed Rule Change is consistent with the requirements of the Act and the rules and regulations thereunder applicable to DTC. As noted below, some of the proposed changes do not require revisions to the MBSD Rules. (a) Purpose The proposed rule change would amend Rule 42 (Suspension of Rules) of the GSD Rules. SR-DTC-2023-013) February 1, 2024 The market maker or broker or whomever must reconcile the documents/statements provided by the DTCC. This will ensure all prime broker trades affirmed prior to the cut-off on trade date at 9:00PM ET are reported on the CTS Cycle 1 Text of the Proposed Rule Change The proposed rule change to The Depository Trust Company (“DTC”)1 is attached hereto as Exhibit 5. S. FICC’s two affiliate clearing agencies, The Depository Trust Company (“DTC”) and National Securities Clearing Corporation (“NSCC,” and together with DTC and FICC, the “Clearing Agencies,” or “Clearing Agency” when referring to one of any of the three Clearing Agencies)2 will each We just got DTCC-2021-005 passed and this makes me insanely happy because we just changed a very fundamental rule used for naked shorting (the same shares loaned multiple times cannot be done anymore). In a T+1 settlement cycle, the affirmation cutoff time will change to 9:00PM ET on trade date (or SD-1). 4 The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. 1 to their respective proposed rule changes, to provide supplemental information to assist the Commission in its analysis of the proposed rule changes. 5 NSCC’s two affiliate clearing agencies, The Depository Trust Company 1 15 U. There has been a change in wording to the DTCC rules recently that I find interesting, to say the least. 256 votes, 53 comments. 1 Apr 28, 2024 · The DTCC's new rule, effective April 30, 2024, disallows Bitcoin and other digital asset ETFs from being used as collateral. New DTCC rule + QWH + $15. (a) The text of the proposed changes to the Rules & Procedures (the "Rules") of National Securities Clearing Corporation ("NSCC" or the "Corporation") are attached hereto as Exhibit 5. A Counter DD on u/HeyItsPixeL: "New DTCC rule just passed, in effect immediately. \5\ Partial Amendment No. Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of Proposed Rule to Amend the DTC Operational Arrangements (Necessary for Securities to Become and Remain Eligible for DTC Services) DTCC provides a set of core business processes for DTC and DTCC’s other subsidiaries, including the technology systems and networks, that provide connectivity between DTC and its participants and that provide DTC with the ability to provide its services as required under the Rules. 4 The Commission has received no comments on the proposed rule change. 34-99456; File No. At predefined cycle times throughout a settlement business day, DTCC will batch process transaction(s) received against format and validation rules. C. 3 The on the changes p approving the Proposed Rule Changes. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Partial Amendment No. ” Disruption Rules, supra note 4, Section 1. S, sought to address systemic risk, increase transparency and enhance oversight across the financial sector. Most corporate functions are established and managed on an enterprise-wide basis pursuant to intercompany 1. com/-/media/File Text of the Proposed Rule Change Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”),1 and Rule 19b-4 thereunder,2 National Securities Clearing Corporation (“NSCC”) is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to modify the NSCC Rules & Procedures (“Rules”) to decommission the ID Net service (“ID Net Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Update the ClaimConnectTM Service Guide Text of Proposed Rule Change The proposed rule filing of The Depository Trust Company (“DTC”) is attached hereto as Exhibit 5. Particularly, this… Jul 7, 2025 · SECURITIES AND EXCHANGE COMMISSION [Release No. Rejected transactions not passing format and/or validation rules will be transmitted back to the original sender of the data file for corrective action. DTC filed the proposed rule change pursuant to Section 19(b)(3)(A) of the Act3 and Rule 19b-4(f)(4) thereunder. 4 The Commission is publishing this notice to solicit comments on the change from interes I. Text of Proposed Rule Change. 1 RULES, BY-LAWS AND ORGANIZATION CERTIFICATE OF THE DEPOSITORY TRUST COMPANY Text of the Proposed Rule Change The proposed rule change of Fixed Income Clearing Corporation (“FICC”) is provided in Exhibit 5 and consists of modifications to the FICC Government Securities Division (“GSD”) Rulebook (“Rules”)1 to (i) add a new service offering (the “ACS Triparty Service”) that would allow an Agent Clearing Member to submit to FICC for Novation Repo rule change would (i) migrate the processing of eligibility requests for money market instruments (“MMI” or “MMI Securities”) from a legacy platform to an existing, proven, modernized platform currently servicing eligibility requests for Electronic Certificates of “ DTC will post a version of the relevant sections of the respective Guides reflecting the changes as they would appear upon the effectiveness of the subsequent proposed rule change mentioned above and will include a note on the cover page of the Guides to advise Participants of these changes. NSCC’s two affiliate clearing agencies, Fixed Income Clearing Corporation (“FICC”) and The Depository Trust Company (“DTC,” and together with NSCC and FICC, the “Clearing Agencies,” or “Clearing Agency The term “DTCC Confidential Information” shall mean all non-public information provided by DTCC and/or the Corporation that (i) is marked or otherwise identified in writing prior to disclosure to the recipient as confidential, (ii) is designated by DTCC or the Corporation as confidential, or (iii) the recipient knows or, under the circumstances surrounding disclosure, ought to reasonably FICC Submits Proposed Rule Change Filing to the SEC to Offer New Agent Clearing (ACS) Triparty Service Read More The cutoff time for having affirmed institutional transactions automatically introduced into NSCC and DTC in a T+2 environment is currently 11:30AM ET on SD-1. Why this rule change is bigger than you think: This rule in addition to the (yet to be passed) SR-NSCC-2021-801, stating that the DTCC can liquidate their members positions at any time, just shows, the DTCC wants to keep everything under their control. Explore DTCC's Regulatory Rule Filing section to get details on advance notices, amendments, and more. 40 on close of Friday is launch to the next f'ing galaxy!!! (“MBSD”) Clearing Rules (“MBSD Rules,” and collectively with the GSD Rules, the “Rules”)3 to adopt a volatility event charge (“Volatility Event Charge”). 5 FICC’s two affiliate clearing agencies, The Depository Trust Company (“DTC”) and National Securities Clearing Corporation (“NSCC,” and together with DTC SECURITIES AND EXCHANGE COMMISSION (Release No. DTC’s two affiliate clearing agencies, Fixed Income Clearing Corporation (“FICC”) and National Securities Clearing Corporation (“NSCC,” and together with DTC and FICC, the the proposed rule change as described in Items I, II and III below, which Items have been prepared by the clearing agency. dtcc. A rule change at DTCC typically refers to an update or modification in the policies, procedures, or requirements that govern the clearing and settlement of financial transactions. 26 Jul 12, 2023 · Procedures of the Clearing Agency The proposed rule change was approved by a Deputy General Counsel of DTC on July 11, 2023. Procedures of the Self-Regulatory Organization The proposed rule change to modify the application of a fee (“One-Day Surcharge”) charged to a Participant that submits an eligibility request or required offering documents for a new issue one business day prior to the closing date,2 as described below, was approved by the DTC Board of Directors on June 25, 2024. Procedures of the Self-Regulatory Organization The proposed rule change was approved by a Deputy General Counsel of DTC on July 11, 2025, pursuant to delegated authority from the DTC Board of Directors. Mar 27, 2025 · The proposed rule changes would (i) update and add definitions used throughout the Disruption Rules; (ii) update the provisions and governance for declaring a Major Event (which would be redefined as a Major System Event); (iii) clarify and enhance the requirements of the DTCC Systems Participant to notify the Clearing Agencies of a Systems The Depository Trust Clearing Corporation (DTCC) is a financial services company that provides clearing and settlement services to the financial markets. 3 Replacements (1035 Exchange) ing f DTCC. Connectivity describes how to connect to GTR in order to submit Sep 23, 2025 · Learn More Press Releases September 23, 2025 FICC Submits Proposed Rule Change Filing to the SEC to Offer New Agent Clearing (ACS) Triparty Service Learn More Press Releases September 11, 2025 DTCC Comments on SIFMA’s Accounting Committee Working Group ACS Model Review Apr 11, 2024 · Pursuant to Section 19 (b) (1) of the Securities Exchange Act of 1934 (“Act”) [1] and Rule 19b-4 thereunder, [2] notice is hereby given that on April 2, 2024, The Depository Trust Company (“DTC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I, II and III below, which Items have been primarily prepared by the Text of the Proposed Rule Change The proposed rule change of National Securities Clearing Corporation (“NSCC”) is annexed hereto as Exhibit 5 and consists of modifications to NSCC’s Rules & Procedures (“Rules”) to (1) introduce a new component of the Clearing Fund, the Margin Liquidity Adjustment (“MLA”) charge, and (2) enhance the calculation of the volatility component of the Explore DTCC's Regulatory Rule Filing section to get details on advance notices, amendments, and more. 2 The Proposed Rule Changes were published ral Register on March 26, 2024. Mar 18, 2025 · New York/London/Hong Kong/Singapore/Sydney, March 18, 2025 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its National Securities Clearing Corporation (NSCC) subsidiary will increase clearing hours to support extended trading Share Add a Comment Sort by: Best Open comment sort options Top New Controversial Old Q&A Alphaking1524 • That post is 20 days old Reply reply YoMommaJokeBot • Not as old as ur mum The proposed rule change would amend the DTC Corporate Actions Distributions Service Guide (“Distributions Guide”)2 and the DTC Settlement Service Guide (“Settlement Guide”)3 (collectively, “Guides”)4 to make technical revisions to the Guides in anticipation of the U. In essence, the DTCC can decide which stocks retail investors can buy or sell proposed rule change to update all eight DTC services guides and the DTC Operational Arrangements (Necessary for Securities to Become and Remain Eligible for DTC Services) (collectively, “DTC Procedures”)4 to (i) replace The Depository Trust and Clearing Corporation (“DTCC”)5 main hotline phone number with directions for accessing the Pursuant to this proposed rule change, Major Event would be deleted and replaced with “Major System Event,” to be defined as, “a Participant System Disruption that has or is reasonably anticipated to, for example, disrupt, degrade, cause a delay in, interrupt or otherwise alter the normal operation of DTCC Systems; result in unauthorized VI. The bill (passed into law on July 21, 2010), represented a watershed moment in the regulation of financial markets in the U. 4. Sep 23, 2025 · New York/London/Hong Kong/Singapore/Sydney, September 23, 2025 ‒ The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its Fixed Income Clearing Corporation (FICC) subsidiary has formally submitted a proposed rule change filing to the SEC to offer the ACS Triparty Service within its Therefore, by facilitating the ability of Participants to understand the related Rules and pledge functionality, DTC believes the proposed rule change would promote the prompt and accurate clearance and settlement of securities transactions, consistent with Section 17 (A) (b) (3) (f) of the Act. 4 The Commission is publishing this notice to solicit comments on the proposed rule change In addition, the proposed rule change would make changes to the Underwriting Service Guide, OA and the DTC Rules to reduce administrative burden for Participants and issuers relating to DTC eligibility generally, through (i) simplification and updates to rule text, including consolidation of certain provisions and the removal of outdated Jul 19, 2024 · Pursuant to Section 19 (b) (1) of the Securities Exchange Act of 1934 (“Act”) [1] and Rule 19b-4 thereunder, [2] notice is hereby given that on July 2, 2024, The Depository Trust Company (“DTC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I, II and III below, which Items have been prepared by the clearing agency Dec 17, 2024 · Pursuant to Section 19 (b) (1) of the Securities Exchange Act of 1934 (“Act”) [1] and Rule 19b-4 thereunder, [2] notice is hereby given that on December 3, 2024, The Depository Trust Company (“DTC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I, II and III below, which Items have been prepared by the clearing Jan 30, 2025 · In addition, the Proposed Rule Changes would align the terminology used in the Investment Policy with the terminology used in the GSD Rules to clarify the investable funds that are subject to the Investment Policy. We have changed the whole market for the better and more is to come. Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Revise the Provisions Concerning Funds-Only Settlement Amount Payments of the GSD Rules. FAQs summarizes some of the key Functional Changes that were included in the rewrite. SR-DTC-2025-010] Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend the Settlement Service Guide to Make a Technical Change Relating to DTC’s Memo Segregation Function and to Update DTC’s Mailing Address Apr 10, 2023 · Pursuant to Section 19 (b) (1) of the Securities Exchange Act of 1934 (“Act”) [1] and Rule 19b-4 thereunder, [2] notice is hereby given that on March 28, 2023, The Depository Trust Company (“DTC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I, II and III below, which Items have been prepared by the clearing agency Sep 28, 2023 · Pursuant to section 19 (b) (1) of the Securities Exchange Act of 1934 (“Act”) [1] and Rule 19b-4 thereunder, [2] notice is hereby given that on September 14, 2023, The Depository Trust Company (“DTC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I, II and III below, which Items have been prepared by the clearing Text of the Proposed Rule Change The proposed rule change of Fixed Income Clearing Corporation (“FICC”) is provided in Exhibit 5 and consists of modifications to FICC’s Government Securities Division (“GSD”) Rulebook (“GSD Rules” and “Rules”) in order to permit Inter-Dealer Broker Netting Members who maintain both Dealer Account(s) and Broker Account(s) at FICC to use the The purpose of the proposed rule change is to amend Rule 60A (Systems Disconnect: Threat of Significant Impact to the Corporation’s Systems) of the NSCC Rules & Procedures. 78s(b)(1). Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change The proposed rule change would amend Rule 22 (Suspension of Rules) of the NSCC Rules. If a stock is experiencing unusual price movements—such as a short squeeze or potential market manipulation—the DTCC can step in, limiting trading by pausing buy or sell orders. Explained in Detail, as simple as possible. Jun 18, 2025 · --------------------------------------------------------------------------- On June 11, 2025, each of the Clearing Agencies filed an identical Partial Amendment No. Most corporate functions are established and managed on an enterprise-wide basis pursuant to intercompany agreements under which it is generally DTCC that provides relevant services to the Clearing Agencies. Sep 29, 2025 · With the 15-year anniversary of the passage of Dodd-Frank earlier this year, we take a look back at significant impacts of the law on DTCC. Executive Summary The R&W Plan was adopted in August 2018, has been amended over time to reflect changes since its adoption,2 and is maintained by DTC for compliance with Rule 17ad-22(e)(3)(ii) under the Securities Exchange Act of 1934 (“Exchange Act” or “Act”). They already know all of the fuckery that's Page 3 of 346 Text of Advance Notice This advance notice of National Securities Clearing Corporation (“NSCC”) is attached hereto as Exhibit 5 and consists of proposed modifications to the NSCC Rules & Procedures (“Rules”)1 that would (i) establish new membership categories and requirements for sponsoring members and sponsored members whereby existing Members would be permitted to Jun 4, 2024 · The proposed rule change consists of amendments to the NSCC Rules & Procedures (“Rules”) to decommission a risk management tool called DTCC Limit Monitoring, as described in greater detail below. Text of Proposed Rule Changes. The proposed rule changes to Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change The proposed rule change would amend the DTC Settlement Service Guide (“Settlement Guide”)5 to update the messaging format instructions that are used for DTC 1 15 U. Jan 8, 2025 · Pursuant to Section 19 (b) (1) of the Securities Exchange Act of 1934 (“Act”), [1] and Rule 19b-4 thereunder, [2] notice is hereby given that on December 20, 2024, The Depository Trust Company (“DTC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I below, which Item has been prepared by the DTC. DTCC operates on a shared service model with respect to the Clearing Agencies. Oct 31, 2025 · The term “DTCC Confidential Information” shall mean all non-public information provided by DTCC and/or the Corporation that (i) is marked or otherwise identified in writing prior to disclosure to the recipient as confidential, (ii) is designated by DTCC or the Corporation as confidential, or (iii) the recipient knows or, under the VI. Here's how it impacts public companies, hedge funds, and Mar 16, 2025 · One of the most controversial aspects of this system is the DTCC’s newfound power to restrict trading activity in specific stocks. 1 Date of Effectiveness of the Proposed Rule Change, and Timing for Commission Action The foregoing rule change has become effective pursuant to Section 19(b)(3)(A)17 Date of Effectiveness of the Proposed Rule Change, and Timing for Commission Action The foregoing rule change has become effective pursuant to Section 19(b)(3)(A)17 Dec 28, 2023 · Pursuant to section 19 (b) (1) of the Securities Exchange Act of 1934 (“Act”) [1] and Rule 19b-4 thereunder, [2] notice is hereby given that on December 20, 2023, The Depository Trust Company (“DTC”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change as described in Items I, II and III below, which Items have been prepared primarily by the The Clearing Agencies are each a subsidiary of The Depository Trust & Clearing Corporation (“DTCC”). The proposed rule changes to the Rules of the Mortgage-Backed Securities Division (“MBSD”) of the Fixed Income Clearing Corporation (“FICC” or the “Corporation”) are annexed as Exhibit 5. #DTCC #GME #AMCDTCC LINK: https://www. Jun 18, 2025 · Self-Regulatory Organizations; The Depository Trust Company; Fixed Income Clearing Corporation; National Securities Clearing Corporation; Notice of Filing of Partial Amendment No. 1. So if they see Citadel doing illegal shit (remember, they can ask for a report on a daily basis now) and their new rule comes into effect Sep 26, 2025 · aring Agency’s tement of the Terms of stance of the Proposed The proposed rule change would amend Rule 18 (Waiver or Suspension of Rules and Procedures) of the DTC Rules. This is the most significant change to trade reporting rules in the US since OTC derivatives reporting was first implemented by the CFTC under the Dodd-Frank Act in 2012. Be Proud of the change you guys brought about! anyone wishing to thank DTCC for looking into the manipulation this company is experiencing along with its shareholders would be great. Oct 31, 2025 · The term “DTCC Confidential Information” shall mean all non-public information provided by DTCC and/or the Corporation that (i) is marked or otherwise identified in writing prior to disclosure to the recipient as confidential, (ii) is designated by DTCC or the Corporation as confidential, or (iii) the recipient knows or, under the Procedures of the Clearing Agency The proposed rule change was approved by a Deputy General Counsel of DTC on July 11, 2023. Oct 31, 2025 · The term “DTCC Confidential Information” shall mean all non-public information provided by DTCC and/or the Corporation that (i) is marked or otherwise identified in writing prior to disclosure to the recipient as confidential, (ii) is designated by DTCC or the Corporation as confidential, or (iii) the recipient knows or, under the (“Commission”) the proposed rule change as described in Items I, II and III below, which Items have been prepared by the clearing agency. market transition to a shortened standard settlement cycle from the current two business days after trade date The proposed rule change of National Securities Clearing Corporation (“NSCC”) is annexed hereto as Exhibit 5 and consists of modifications to NSCC’s Rules & Procedures (“Rules”) to refine the Margin Liquidity Adjustment (“MLA”) charge calculation and the description of the MLA charge, as described in greater detail below. 5 DTC’s two affiliate clearing agencies, Fixed Income 1 15 U. So if they see Citadel doing illegal shit (remember, they can ask for a report on a daily basis now) and their new rule comes into effect The proposed rule change effects changes in an existing service of DTC that (x) does not adversely affect the safeguarding of securities or funds in the custody or control of DTC or for which it is responsible; and (y) does not significantly affect the respective rights or obligations of DTC or persons using its services,7 as the proposed Page 3 of 369 Text of Proposed Rule Change The proposed rule change of National Securities Clearing Corporation (“NSCC”) is attached hereto as Exhibit 5 and consists of proposed modifications to the NSCC Rules & Procedures (“Rules”)1 that would (i) establish new membership categories and requirements for sponsoring members and sponsored members whereby existing Members would be Oct 31, 2025 · The term “DTCC Confidential Information” shall mean all non-public information provided by DTCC and/or the Corporation that (i) is marked or otherwise identified in writing prior to disclosure to the recipient as confidential, (ii) is designated by DTCC or the Corporation as confidential, or (iii) the recipient knows or, under the In this video we go over the DTCC rule that just passed and what this means for GameStop and AMC. So if they see Citadel doing illegal shit (remember, they can ask for a report on a daily basis now) and their new rule comes into effect Text of the Proposed Rule Change Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”),1 and Rule 19b-4 thereunder,2 National Securities Clearing Corporation (“NSCC”) is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to modify the NSCC Rules & Procedures (“Rules”) to enhance the Automated Customer Account Transfer Anyone know how long until a rule change is passed and enacted once the DTCC submits it? Would daily liquidity payments to the DTCC force the squeeze? I’m looking for someone who might know the answers, thanks! Discussion RULES, BY-LAWS AND ORGANIZATION CERTIFICATE OF THE DEPOSITORY TRUST COMPANY Sep 11, 2025 · IMPORTANT LEGAL INFORMATION The contents of all Service Guides constitute "Procedures" of The Depository Trust Company ("DTC") as defined in the Rules of DTC. This process is there because the DTCC is all-knowing, but maybe they made a clerical error, and the hedge fund has one chance to point out that discrepancy for the DTCC to investigate and rectify. Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Modify the Distributions Guide, Redemptions Guide, Reorganizations Guide, and Operational Arrangements, Relating to the Compensation Claims Process Working Group Registration Register to attend the monthly GTR ASIC/MAS Working Group call. bels bzq ofxs slhf tuzkw inhoen umpmi vzbgg cbbx ssyf upg qgeg ymvtw bnp hmihcn