WASHINGTON, April 14 -- Securities And Exchange Commission has issued a notice called: Notice Pursuant to Rule 15c3-3a, Note H(b)(3) Regarding Application of the Customer Protection Rule Reserve Computations With Respect to U.S. Treasury Securities.
The notice was published in the Federal Register on April 14 by Sherry R. Haywood, Assistant Secretary.
Summary: The Securities and Exchange Commission ("Commission") is publishing notice that broker-dealers may include a debit in the customer protection rule reserve computations when depositing cash, U.S. Treasury securities, and/or qualified customer securities to meet a margin requirement of the CME Securities Clearing Inc. ("CMESC") resulting from positions in U.S. Treasury securities of t...