Federal Register #SR-CMESC-2026-003

SEC Notice: Proposed Enterprise Risk Management Framework by CME Securities Clearing Inc.

This notice from the Securities and Exchange Commission (SEC) announces a proposed rule change by CME Securities Clearing Inc. (CMESC) to establish an Enterprise Risk Management Framework (ERMF): - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - CME Securities Clearing Inc. (CMESC), a wholly-owned subsidiary of CME Group Inc. - Products/Services Requested: - Establishment and implementation of an Enterprise Risk Management Framework (ERMF) for CMESC - Service includes: identifying, assessing, monitoring, and managing financial, operational, regulatory compliance, and service provider risks - No specific products, part numbers, or purchase quantities are listed - Unique or Notable Requirements: - The ERMF must include governance structures, risk appetite and tolerance definitions, and comprehensive risk monitoring and reporting processes - The framework is intended to ensure CMESC's risk management aligns with regulatory requirements and strategic objectives - The notice is informational and regulatory in nature, inviting public comment rather than soliciting procurement bids

Description

The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change filed by CME Securities Clearing Inc. (CMESC) to establish an enterprise risk management framework (ERMF). This framework aims to provide a comprehensive methodology for identifying, assessing, managing, and reporting risks across CMESC's operations as a covered clearing agency. The ERMF includes governance structures, risk appetite definitions, risk tolerance, and monitoring processes to ensure alignment with regulatory requirements and strategic objectives. The notice invites public comments on the proposed rule change.

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