The most important roundup of news for AMC May 5 2021
- NSCC-2021-801 will be approved because—on May 4—the SEC confirmed that it has no objection! Implementation contingent on NSCC-2021-002 (pending; 5/7 deadline, only because 5/8 is a Saturday). AMC = Automated Margin Calls.
UPDATE: Ruling delayed.
. . . June 21, 2021 as the date by which the Commission shall either approve, disapprove, or institute proceedings to determine whether to disapprove the proposed rule change . . . .