Securities and Exchange Commission May 30, 2023 – Federal Register Recent Federal Regulation Documents

The Securities and Exchange Commission (``Commission'') is proposing to amend certain portions of the Covered Clearing Agency Standards under the Securities Exchange Act of 1934 (``Exchange Act'') to strengthen the existing rules regarding margin with respect to intraday margin and the use of substantive inputs to a covered clearing agency's risk-based margin system. The Commission is also proposing a new rule to establish requirements for the contents of a covered clearing agency's recovery and wind-down plan.