Covered Clearing Agency Resilience and Recovery and Wind-Down Plans

Document 2023-10889 is a Proposed Rule published by the Securities and Exchange Commission in the Federal Register on May 30, 2023. 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. View the original at https://www.federalregister.gov/documents/2023/05/30/2023-10889/covered-clearing-agency-resilience-and-recovery-and-wind-down-plans.

No. Document 2023-10889 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.