The Securities and Exchange Commission today adopted a rule that establishes standards for how registered clearing agencies should manage their risks and run their operations.
Full press release: http://www.sec.gov/news/press/2012/2012-215.htm
SEC Adopts Standards for Risk Management and Operations of Clearing Agencies
Julia Schieffer
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Julia Schieffer is the Founder & Editor of DerivSource.com, a leading online information source for OTC derivatives and post-trade professionals. A seasoned journalist, Julia specialises in OTC derivatives pre- and post-trade operations, technology (fintech/regtech), risk management and regulation....
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