Mark Uyeda Discusses US Treasury Clearing and ISDA Regulatory Responses
Summary
ISDA published an interview with SEC Commissioner Mark Uyeda discussing the upcoming mandatory clearing of US Treasury securities. The interview addresses the benefits of clearing and the implementation path for rules finalized by the SEC in 2023, with clearing set to begin at the end of 2026.
What changed
This document is an interview with SEC Commissioner Mark Uyeda regarding the mandatory clearing of US Treasury securities, scheduled to commence at the end of 2026. The interview, published by ISDA, discusses the benefits of this clearing mandate and the implementation process for the rules finalized by the SEC in 2023. It highlights the regulatory response from ISDA and the implications for market participants.
Regulated entities involved in US Treasury securities trading should review the interview to understand the upcoming clearing requirements and their implementation timeline. While the interview itself is non-binding, it provides insights into the SEC's perspective and ISDA's engagement on this significant regulatory change. Compliance officers should ensure their firms are prepared for the mandatory clearing deadline at the end of 2026.
What to do next
- Review ISDA interview with SEC Commissioner Mark Uyeda on US Treasury clearing
- Assess firm readiness for mandatory US Treasury clearing by end of 2026
- Consult SEC final rules from 2023 regarding US Treasury clearing
Source document (simplified)
IQ Interview with Mark Uyeda
Mandatory clearing of US Treasury securities is due to begin at the end of this year under rules finalized by the Securities and Exchange Commission (SEC) in 2023. SEC commissioner Mark Uyeda talks to IQ about the benefits of clearing and the path to implementation.
Click on the attached PDF to read the interview.
Tags:
Clearing, Securities and Exchange Commission (SEC), Treasury Clearing, US Treasury
Documents (1)
Latest
IQ Interview with Mark Uyeda
Mandatory clearing of US Treasury securities is due to begin at the end of this year under rules finalized by the Securities and Exchange Commission (SEC) in 2023. SEC commissioner Mark Uyeda talks to IQ about the benefits of clearing...
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