FIA filed comments with the US Securities and Exchange Commission responding to ICE Clear Credit's proposed US Treasury clearing rules. FIA's letter commends ICC for its efforts to expand its clearing services to the U.S. Treasury market, which will provide competition and diversity in clearing models. The letter recommends refinements to certain aspects of the proposed rules to ensure predictability and clarity for clearing firms and market participants that will participate on ICC's platform, once approved.
Read the letter here.
