Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing and Extension of the Review Period of an Advance Notice, as Modified by Partial Amendment No. 1, To Establish a Guaranty Fund at the Government Securities Division

FICC allocates losses differently between Tier One Netting Members, which generally include all Netting Members unless otherwise specified by FICC, and Tier Two Members, which include CCIT Members and Registered Investment Company Netting Members. Each Tier One Netting Member must pay its allocation amount within two business days of receiving notice of the amount. Proposed Establishment of a Guaranty FundFICC proposes to adopt new GSD Rule 4A (Guaranty Fund) to set forth requirements for the proposed Guaranty Fund. General RulesSection 1 of proposed Rule 4A would set forth general provisions applicable to the Guaranty Fund and proposed Rule 4A. The proposed rule would also be largely consistent with existing Section 7 of GSD Rule 4, with two minor modifications.