SEC Tweaks Cash Rules for Bond Settlers: Yawn-Worthy Finance Fix
Published Date: 12/29/2025
Notice
Summary
The Fixed Income Clearing Corporation (FICC) is updating some rules about how it handles cash settlements for government securities. They’re changing a key definition, switching some interest payments from daily to monthly, and cleaning up old language. These changes affect financial firms using FICC’s services and take effect immediately, aiming to make money handling smoother and clearer.
No Economic Impacts Identified for this Document
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