The Securities and Exchange Commission late Monday adopted a rule that establishes standards for how clearing agencies should manage risks and run their operations.

Underthe rule as adopted, a registered clearing agency will have to “establish, implement, maintain and enforce written policies and procedures” that will ensure that it can:

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access