Opportunity
Federal Register #SRICC2026-008
SEC Approval of ICE Clear Credit LLC Rule Change for CDS Instrument Onboarding
Buyer
Securities and Exchange Commission
Posted
August 25, 2026
Identifier
SRICC2026-008
This SEC notice announces approval of a rule change for ICE Clear Credit LLC's CDS Instrument On-Boarding Policies and Procedures. - Government buyer: - Securities and Exchange Commission (SEC) - OEM/vendor mentioned: - ICE Clear Credit LLC - Products/services requested: - No products, part numbers, or purchase quantities are specified - No procurement of goods or services is requested - Notable requirements: - Rule change expands eligibility for clearing to single name CDS instruments with reference entities having at least 500 million in outstanding debt (USD or EUR) - Maintains robust governance, risk, pricing, and operational controls - Supports prompt and accurate clearance and settlement of securities transactions - This is a regulatory approval, not a procurement opportunity
Description
The Securities and Exchange Commission (SEC) approved a proposed rule change by ICE Clear Credit LLC (ICC) regarding the CDS Instrument On-Boarding Policies and Procedures. The change amends the guiding principles for instrument selection to include single name instruments with reference entities having a minimum outstanding debt notional of 500 million U.S. Dollars or Euros. The amendment aims to expand the range of instruments eligible for clearing while maintaining effective governance, risk, pricing, and operational controls. The approval supports prompt and accurate clearance and settlement of securities transactions and safeguards securities and funds under ICC's control.