SECURITIES AND EXCHANGE COMMISSION ISSUES RULE: EXTENSION OF COMPLIANCE DATES FOR STANDARDS FOR COVERED CLEARING AGENCIES FOR U.S. TREASURY SECURITIES AND APPLICATION OF THE BROKER-DEALER CUSTOMER PROTECTION RULE WITH RESPECT TO U.S. TREASURY SECURITIES

WASHINGTON, March 4 -- Securities And Exchange Commission has issued a rule called: Extension of Compliance Dates for Standards for Covered Clearing Agencies for U.S. Treasury Securities and Application of the Broker-Dealer Customer Protection Rule With Respect to U.S. Treasury Securities.

The rule was published in the Federal Register on March 4 by Vanessa A. Countryman, Secretary.

Summary: The Securities and Exchange Commission ("Commission" or "SEC") is extending the compliance date for the amendments to the rules applicable to covered clearing agencies for U.S. Treasury securities ("U.S. Treasury securities CCAs"), which require that such covered clearing agencies have written policies and procedures reasonably designed to require tha...