2026-02197Notice

Paxos Securities Settlement Company, LLC; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Grant or Deny an Application for Registration as a Clearing Agency Under Section 17A of the Securities Exchange Act of 1934

Published Date: 2/3/2026

Notice

Summary

Paxos Securities Settlement Company wants to become a clearing agency, which helps make sure trades get settled safely. The SEC needs more time to decide and is extending the review period by 90 days past the original February 2, 2026 deadline. This means Paxos and anyone involved in securities trading should stay tuned for the final decision, which could impact how trades are cleared and settled.

No Economic Impacts Identified for this Document

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Key Dates

Published Date
Effective Date
2/3/2026
5/3/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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