SEC · Notice · Rel 100 (Federal Register (major agencies))

Notice pursuant to Rule 15c3-3a, Note H(b)(3) Regarding Application of the Customer Protection Rule Reserve Computations With Respect to U.S. Treasury Securities

Other · Finance / banking · general, sec-enforcement

Source summary

The Securities and Exchange Commission ("Commission") is publishing notice that broker-dealers may include a debit in the customer protection rule reserve computations when depositing cash, U.S. Treasury securities, and/or qualified customer securities to meet a margin requirement of ICE Clear Credit LLC ("ICC") resulting from positions in U.S. Treasury securities of the customers of the broker- dealer.

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