Final Rule
Standards for Covered Clearing Agencies
Overview
The Securities and Exchange Commission ("SEC' or "Commission') is adopting amendments to Rule 17Ad-22 and adding new Rule 17Ab2-2 pursuant to Section 17A of the Securities Exchange Act of 1934 ("Exchange Act') and the Payment, Clearing, and Settlement Supervision Act of 2010 ("Clearing Supervision Act'), enacted in Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank Act'). Among other things, the rules establish enhanced standards for the operation and governance of those clearing agencies registered with the Commission ("registered clearing agencies') that meet the definition of "covered clearing agency.'
Prior Actions
Proposed Rule (34-71699)
Release Number
34-71699
SEC Issue Date
March 12, 2014
Federal Register Publish Date
May 22, 2014
Document Citation
79 FR 29507
RIN
3235-AL48
Resources
Details
File Number
S7-03-14
Rule Type
Final
Release Number
34-78961
SEC Issue Date
Sept. 28, 2016
Effective Date
December 12, 2016
Compliance Date
April 11, 2017
Federal Register Publish Date
Oct. 13, 2016
Document Citation
81 FR 70786
RIN
3235-AL48