2025-00171Notice

Self-Regulatory Organizations; National Securities Clearing Corporation; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Modify the NSCC Rules & Procedures With Respect to the Receipt of CNS Securities

Published Date: 1/8/2025

Notice

Summary

The National Securities Clearing Corporation (NSCC) is updating its rules to make how it handles certain securities clearer and easier to understand. This change mainly affects brokers and financial firms using NSCC’s Continuous Net Settlement (CNS) system. The new rules took effect right away on December 20, 2024, with no extra costs involved.

No Economic Impacts Identified for this Document

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Key Dates

Effective Date
Published Date
12/20/2024
1/8/2025

Department and Agencies

Department
Independent Agency
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