Federal Register #SR-FICC-2026-006

SEC Seeks Comments on FICC Rule Changes for GSD, MBSD, and EPN

This opportunity involves the Securities and Exchange Commission (SEC) seeking public input on proposed rule changes by the Fixed Income Clearing Corporation (FICC): - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - Fixed Income Clearing Corporation (FICC) is the only entity mentioned; no commercial OEMs or vendors are involved - Products/Services Requested: - No products or services are being procured - The notice concerns regulatory rule changes, not acquisition of goods or services - Notable Requirements and Details: - Proposed changes affect the GSD, MBSD, and EPN Rules - Focus on corrections, clarifications, and harmonization of language across rulebooks - Updates to definitions and operational processes (e.g., collateral allocation, settlement, margining) - Expanded definitions and improved clarity in procedures - The SEC is soliciting public comments to ensure transparency and operational clarity - No contract value, quantities, or part numbers are associated with this notice - Place of performance and contracting office is the SEC headquarters in Washington, DC

Description

The Securities and Exchange Commission (SEC) has approved a proposed rule change filed by the Fixed Income Clearing Corporation (FICC). The change involves making corrections, clarifications, and other modifications to the Government Securities Division (GSD) Rules, Mortgage-Backed Securities Division (MBSD) Rules, and the MBSD EPN Rules. These amendments aim to harmonize language across related rules, update definitions, and improve operational clarity without significantly affecting FICC's operations or member rights. The SEC is soliciting public comments on this proposal.

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