SEC Advance Notice to Revise the Method for Determining the Minimum Clearing Fund Size

The SEC released an advance notice to revise the method for determining the minimum clearing fund size to include consideration of the amount necessary to draw on secured credit facilities. The Options Clearing Corporation ("OCC") filed with the SEC the advanced notice pursuant to Section 806(e)(1) of the Payment, Clearing, and Settlement Supervision Act of 2010 and Rule 19b-4(n)(1)(i). The Commission is publishing the notice to solicit comments on the advance notice from interested persons.