Search

FIA questions new OCC capital management plan in SEC letter

20 September 2019

FIA submitted a letter to the SEC that raises concerns about the Options Clearing Corporation’s (OCC) proposed new capital management plan.  In the letter, FIA raised issues about the lack of a minimum amount of skin in the game, allocation of capital shortfall through operational loss fee to clearing members, allocation of non-default loss to clearing members, and governance concerns.

  • FIA
  • Clearing
  • Advocacy
  • Regulatory Responses