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- Washington, D.C.-- (Newsfile Corp. - February 16, 2023) - The Securities and Exchange Commission today announced that The Options Clearing Corporation (OCC) will undertake remedial efforts and pay $17 million in penalties to settle charges that it failed to comply with its SEC-approved Stress Testing and Clearing Fund Methodology rule during certain times between October 2019 and May 2021.
stockhouse.com/news/press-releases/2023/02/16/sec-charges-options-clearing-corporation-with-rule-failures
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Feb 16, 2023 · The Securities and Exchange Commission today announced that The Options Clearing Corporation (OCC) will undertake remedial efforts and pay $17 million in penalties to settle charges that it failed to comply with its SEC-approved Stress Testing and Clearing Fund Methodology rule during certain times between October 2019 and May 2021.
Jun 10, 2024 · Options Clearing Corporation is a United States clearing house based in Chicago. It specializes in equity derivatives clearing, providing central counterparty clearing and settlement services to 16 exchanges.
Feb 17, 2023 · The central clearinghouse serving as a backstop for trades in the U.S. options market must pay $17 million in penalties to settle charges that it failed to comply with certain regulations, the...
Sep 4, 2019 · Washington, DC – The Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission today announced that the Options Clearing Corporation (OCC) will undertake remedial efforts and pay $20 million in penalties to settle charges that it failed to implement policies to manage certain risks as required by U.S. laws and SEC ...
Feb 16, 2023 · Washington, D.C.--(Newsfile Corp. - February 16, 2023) - The Securities and Exchange Commission today announced that The Options Clearing Corporation (OCC) will undertake remedial efforts and pay $17 million in penalties to settle charges that it failed to comply with its SEC-approved Stress Testing and Clearing Fund Methodology rule during ...
- Newsfile
Feb 16, 2023 · The Options Clearing Corporation has agreed to pay $22 million in penalties to settle charges from U.S. regulators that it failed to properly implement and maintain policies aimed at managing...
Nov 2, 2021 · CHICAGO-- ( BUSINESS WIRE )--OCC, the world's largest equity derivatives clearing organization, announced today that October 2021 total cleared contract volume was 825,572,627 contracts, and...
