SEC Adopts New Requirements for US Treasuries Clearing and Risk Management

SEC Adopts New Requirements for US Treasuries Clearing and Risk Management

Client Alert

Related Documents

Related Solutions

WilmerHale’s broker-dealer team draws on its intricate knowledge of the regulatory landscape to advise the world’s leading financial market participants.
Leveraging our sophisticated technical, market and legal experience to help clients effectively and efficiently manage complex transactions and get the deal done.
WilmerHale has played a leading role in shaping the rules that govern the US financial services industry.
Representing FinTech clients throughout their lifecycles.
Our team provides guidance on all facets of swaps, futures and derivatives market activity, including regulatory compliance, transactions, litigation, and investigations and enforcement.
WilmerHale’s Investment Management Group provides sophisticated legal and regulatory advice to investment advisers, private fund sponsors, registered funds, and their independent trustees.
WilmerHale has a record of success at all stages of enforcement proceedings—from informal inquiries to litigation.
WilmerHale has defended clients in hundreds of class, derivative, shareholder and individual actions alleging securities fraud, breach of fiduciary duty and other corporate misconduct.
Critical industry insight and formidable strength across key practices.

On December 13, 2023, the SEC voted (4-1) to adopt Standards for Covered Clearing Agencies for US Treasury Securities that will restructure the clearance and settlement of secondary market transactions involving the purchase and sale of US Treasuries and repurchase agreements and reverse repurchase agreements of US Treasuries. In this alert, we discuss the potential impact that the new requirements will have on clearing agencies, broker-dealers, registered funds and other US Treasuries market participants.

READ THE FULL ALERT.

Authors

Notice

We appreciate your interest in WilmerHale. While we are pleased to have you contact us, please keep in mind that merely contacting WilmerHale does not create an attorney-client relationship. Such a relationship will not arise until the Firm agrees in writing to represent you in connection with a particular matter. Importantly, unless and until this has occurred, you should not provide us with any confidential information, and we have no duty to keep confidential any information that we may receive from you. Thank you for your understanding.

I Accept Cancel