SEC Approves Exemptive Order and Proposed Rule Change to Permit Customer Cross-Margining in the U.S. Treasury Market
AI SummaryAI-generated — verify against the source.The SEC has approved a conditional exemptive order allowing customer cross-margining for U.S. Treasury cash and futures positions. This regulatory change aims to enhance capital efficiency and risk management for firms involved in these markets, potentially impacting how advisors' clients' positions are cleared and managed.
Read full article at sec-pressWant the full daily Briefing?
30 stories like this every day, with Action Required call-outs and direct lines to ask Aria — finsay's AI compliance assistant.
Try free for 14 daysRelated stories
- The White House Is Going to Expand Its AI Policy
The White House is reportedly planning to expand its AI policy framework to specifically address open-source AI models. This signals a poten…
- The Supreme Court Quietly Killed SEC Independence
The article discusses the potential erosion of SEC independence following recent Supreme Court rulings, suggesting a shift in how federal ag…
- SEC Establishes Financial Reporting and Accounting Unit in Enforcement Division
The SEC has launched a specialized unit within its Enforcement Division dedicated to investigating accounting and financial reporting fraud.…