SEC Adopts New Requirements for US Treasuries Clearing and Risk Management

SEC Adopts New Requirements for US Treasuries Clearing and Risk Management

Client Alert

Related Documents

Related Solutions

WilmerHale’s broker-dealer team draws on its intricate knowledge of the regulatory landscape to advise the world’s leading financial market participants.
Leveraging our sophisticated technical, market and legal experience to help clients effectively and efficiently manage complex transactions and get the deal done.
WilmerHale has played a leading role in shaping the rules that govern the financial services industry in the United States.
Representing FinTech clients throughout their lifecycles.
Our team provides guidance on all facets of swaps, futures and derivatives market activity, including regulatory compliance, transactions, litigation, and investigations and enforcement.
WilmerHale’s Investment Management Group provides sophisticated legal and regulatory advice to investment advisers, private fund sponsors, registered funds, and their independent trustees.
WilmerHale has a record of success at all stages of enforcement proceedings—from informal inquiries to litigation.
WilmerHale has defended clients in hundreds of class, derivative, shareholder and individual actions alleging securities fraud, breach of fiduciary duty and other corporate misconduct.
Critical industry insight and formidable strength across key practices.

On December 13, 2023, the SEC voted (4-1) to adopt Standards for Covered Clearing Agencies for US Treasury Securities that will restructure the clearance and settlement of secondary market transactions involving the purchase and sale of US Treasuries and repurchase agreements and reverse repurchase agreements of US Treasuries. In this alert, we discuss the potential impact that the new requirements will have on clearing agencies, broker-dealers, registered funds and other US Treasuries market participants.

READ THE FULL ALERT.

Authors

Notice

Unless you are an existing client, before communicating with WilmerHale by e-mail (or otherwise), please read the Disclaimer referenced by this link.(The Disclaimer is also accessible from the opening of this website). As noted therein, until you have received from us a written statement that we represent you in a particular manner (an "engagement letter") you should not send to us any confidential information about any such matter. After we have undertaken representation of you concerning a matter, you will be our client, and we may thereafter exchange confidential information freely.

Thank you for your interest in WilmerHale.

I Accept Cancel