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Self-Regulatory Organizations; ICE Clear Credit LLC; Order Approving Proposed Rule Change Relating to the Treasury Clearing Rules and Treasury Clearing Service Treasury Operations Policies and Liquidity Risk Management Framework
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Federal Register Documents published on or after 08/24/2025
[ ]Chapter 6Chapter 6 of the Treasury Rules deals with miscellaneous matters, such as procedures for physical emergencies and the state law that applies to the interpretation of the Treasury Rules.
ICC is removing this provision, as it no longer believes it is necessary to state Treasury Rule 2205(a) will not apply where a different rule (Treasury Rule 2205(d)) already applies.
[ ] In Section X and Appendix I of the Treasury Operations Policy, ICC would use the term “Treasury Risk Committee” instead of “Treasury Clearing Service Risk Committee” or “Risk Committee.”
[ ] Moreover, “unquestioning reliance” on an SRO's representations in a proposed rule change is not sufficient to justify Commission approval of a proposed rule change.
Finally, other changes would clarify and correct errors in the Treasury Rules, Treasury LRMF, and Treasury Operations Policy.