News & Insights

Help
375 News Results
Commentary by Steven Lofchie

SEC Chair Gary Gensler touted the benefits of T+1 settlement, stating that the shorter settlement period will reduce market risk, protect the clearinghouses that stand between buyers and sellers, reduce the amount of margin that clearinghouses must collect, and improve market liquidity.

Commentary by Steven Lofchie

The SEC adopted a rule that any SEC-registered central clearing agency that provides central clearing of U.S. Treasury securities ("USTs") shall require its members to centrally clear (i) most repurchase and reverse repurchase transactions in USTs to which it is a counterparty and (ii) certain cash market purchases and sales of USTs.