DTC Updates Rules for Annual Recovery Plan Drills
Published Date: 12/9/2025
Notice
Summary
The Depository Trust Company (DTC) is updating its rules to make sure certain key players join in yearly tests of its recovery and wind-down plan. This change helps DTC stay ready to handle big problems smoothly and follows new SEC rules. The updates take effect right away, keeping the financial system safer without extra costs.
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Previous / Next Documents
Previous: 2025-22306, Self-Regulatory Organizations; National Securities Clearing Corporation; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to Annual Testing of the Recovery and Wind-down Plan
The National Securities Clearing Corporation (NSCC) is updating its rules to make sure certain members and banks join in yearly tests of its recovery and wind-down plan. This change helps keep the financial system safe and follows new SEC rules. The updates take effect right away, so those involved should be ready to participate in these important drills without delay.
Next: 2025-22308, Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating to Annual Testing of the Recovery and Wind-Down Plan
The Fixed Income Clearing Corporation (FICC) is updating its rules to require certain members and banks to join in yearly tests of its recovery and wind-down plans. This change helps make sure everyone’s ready if things go wrong, keeping the system safe and sound. The new rules take effect right away, so affected parties should gear up for these important annual drills.