Federal Register #SR-OCC-2026-009

Notice of Proposed Rule Change by The Options Clearing Corporation Regarding Clearing Membership Standards

This notice from the Securities and Exchange Commission (SEC) announces a proposed rule change by The Options Clearing Corporation (OCC) regarding clearing membership standards. - Government Buyer: - Securities and Exchange Commission (SEC) - The Options Clearing Corporation (OCC) as the regulatory subject - OEMs and Vendors: - The Options Clearing Corporation (OCC) - Securities and Exchange Commission (SEC) - Products/Services Requested: - No products or services are being procured; the notice concerns regulatory amendments - Notable Requirements: - Proposed amendments to OCC's clearing membership standards - Minimum staffing requirements for clearing members, including at least four risk management personnel - Allowance for contractual arrangements with third-party service providers with substantial clearing experience - Modifications to risk management policy reviews - New reporting thresholds for minimum net capital requirements (notification if net capital falls below $12 million or 20% above minimum) - Invitation for public comments on the proposed rule change - This is a regulatory action, not a procurement opportunity, and no contract value or product/service line items are included.

Description

This notice concerns a proposed rule change filed by The Options Clearing Corporation (OCC) regarding amendments to its clearing membership standards. The Securities and Exchange Commission (SEC) is the agency involved in this filing. The proposed changes include updates to OCC's rules on clearing member staffing, risk management policies, and capital requirements to ensure operational reliability and risk mitigation. The notice invites public comments on the proposed rule change and provides details on how to submit them.

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