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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