U.S. SEC proposes new rules for clearing houses



By Katanga Johnson

WASHINGTON, Aug 8 (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Monday proposed new rules aimed at preventing conflicts of interest in management and governance of clearing houses.

Clearing houses provide essential plumbing for financial markets, ensuring that securities or derivatives trades are completed, even if one side of a transaction goes bust.

Under the SEC's proposal, registered clearing houses would be required to disclose more details on board composition, independent directors, and nominating and risk management committees, among other details, the agency said.

"I think these rules would help to build more transparent and reliable clearing houses, SEC Chair Gary Gensler said in a statement.

"This in turn would help ensure our markets are more resilient, protecting investors and building trust in our markets," Gensler said.

The plan would replace two related measures proposed following the 2009-2010 global financial crisis, but which were never adopted.

Specifically, the SEC's plan would require clearing houses identify, mitigate or eliminate conflicts of interest involving directors or senior managers, and also to document such actions.

It would also require such firms to implement policies and procedures that obligate directors to report conflicts of interest, among other details.

The SEC's move comes as part of efforts by the Biden administration to see all aspects of the financial industry boost environmental, social and governance disclosures.
Reporting by Katanga Johnson in Washington Editing by Jonathan Oatis and Jane Merriman

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。

風險提示:您的資金存在風險。槓桿商品並不適合所有客戶。請詳細閱讀我們的風險聲明