U.S. Securities and Exchange Commission seal in Washington, D.C. Photo: Diego M. Radzinschi/ALM SEC Adopts Rules to Improve Risk Management, Increase Central Clearing for Treasury
"Having such a significant portion of the Treasury markets uncleared — 70 to 80 percent of the Treasury funding market and at least 80 percent of the cash markets — increases system-wide risk," SEC Chair Gary Gensler said.
December 13, 2023 at 05:00 PM
3 minute read
The U.S. Securities and Exchange Commission adopted changes Wednesday to cover clearing agencies for U.S. Treasury securities to improve risk management and further facilitate transactions.
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