Federal Register #SR-DTC-2026-004

DTC Proposed Rule Change for Rules and Procedures Harmonization

This notice announces a proposed rule change by The Depository Trust Company (DTC) to update and harmonize its rules and procedures. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - The Depository Trust Company (DTC) - National Securities Clearing Corporation (NSCC) - Fixed Income Clearing Corporation (FICC) - Products/Services Requested: - No products, part numbers, or purchase quantities are requested - The notice concerns regulatory updates, not procurement of goods or services - Notable Requirements: - Updates to definitions, reporting requirements, delegation authorities, and fee descriptions - Alignment of DTC rules with those of NSCC and FICC for operational consistency - Focus on enhancing clarity, transparency, and efficiency in securities clearance and settlement - Rule change is effective immediately upon filing - No procurement of goods or services is involved in this notice

Description

The Depository Trust Company (DTC) has filed a proposed rule change with the Securities and Exchange Commission to make corrections, clarifications, and harmonization changes to its rules and procedures. These changes aim to improve transparency and consistency with its clearing agency affiliates, the National Securities Clearing Corporation and Fixed Income Clearing Corporation. The proposal includes updates to definitions, reporting requirements, delegation authorities, and fee descriptions, among others, to enhance clarity and operational alignment. The rule change is effective immediately upon filing and is intended to promote the prompt and accurate clearance and settlement of securities transactions.

View original listing