Paxos Applies for SEC Approval as Official Stock Trade Clearing Agency
Published Date: 11/17/2025
Notice
Summary
Paxos Securities Settlement Company wants to become an official clearing agency, which means helping make stock trades safer and smoother. The SEC is now reviewing their application and deciding if they should approve or deny it, with public comments already collected. This decision could affect how trades settle and might impact the financial market’s speed and security soon.
No Economic Impacts Identified for this Document
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