SEC Approves NSCC Rule Change on Trade Failure Fees
Published Date: 12/1/2025
Notice
Summary
The National Securities Clearing Corporation (NSCC) is updating its rules to change the fees charged when members don’t settle their trades on time. This affects financial firms that use NSCC’s services and aims to keep the market safer and fairer. The new fee rules kick in soon and help manage risks without raising costs unexpectedly.
No Economic Impacts Identified for this Document
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