Final Rule.pdf

34-98959_0.pdf
Preview of final rule
🔗 Source: sec.gov
📊 Size: 1.17 MB
👤 Author: U.S. Securities and Exchange Commission
⬇️ Downloads: 71

Summary

The Securities and Exchange Commission is adopting rules to improve the governance of clearing agencies by reducing conflicts of interest, increasing transparency, and aligning incentives among owners and participants. The rules establish requirements for board composition, independent directors, management of conflicts of interest, and board oversight. The effective date is February 5, 2024, and the compliance date is December 5, 2024, with some exceptions. The rules aim to improve the governance of registered clearing agencies and reduce the likelihood of conflicts of interest influencing their boards.

Description

The Securities and Exchange Commission is adopting rules to improve the governance of clearing agencies by reducing conflicts of interest, increasing...

Technical Information

  • File Format: PDF
  • File Size: 1.17 MB
  • Pages: 206
  • Language: EN
  • Author: U.S. Securities and Exchange Commission
  • Total Downloads: 71
  • Last Updated: 1 month ago

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This PDF document about final rule provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into final rule.

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