More Clearing Contract Updates – Zzz for Traders
Published Date: 1/23/2025
Notice
Summary
The National Securities Clearing Corporation (NSCC) and the Depository Trust Company (DTC) are updating their agreement to make how they back each other up clearer and simpler. These changes reflect how they actually work today, improve how they handle money and securities, and help keep things running smoothly without delays. This update took effect right away on January 2, 2025, with no immediate cost impact for the public.
No Economic Impacts Identified for this Document
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