Addressing internet security concerns, DTCC (and its affiliates DTC, FICC, and NSCC) announce plans to discontinue support of SSLV3 and use only the Transport Layer Security protocol across all their platforms and services starting on January 24, 2015.
FICC proposed to add a development fee to its MBSD Clearing Rules that will fund the development costs of its Novation Services.
FINRA issues reminder to its members of upcoming changes to TRACE Dissemination and Reporting effective April 27, 2015.
Effective April 20, 2015 the FINRA/Nasdaq TRF will support the amendments to FINRA rules governing the Reporting of OTC Transactions.
A three-month parallel testing period starting January 5, 2015 is set by NSCC to allow members to prepare for changes to its Clearing Fund Requirement: Elimination of ID Offset Phase 4 and Municipal Bond Haircut Adjustment.