Atkins says SEC is considering combining IIB and SIFMA relief requests into single order.
“the Commission is evaluating potential paths forward on both Notices, including an approach that would address—in a single Commission order—the relief requested in the IIB Notice and the relief requested in the SIFMA Notice concerning the outward facing condition.”
Atkins announces exemptive relief for private fund transactions through captive clearing subsidiaries.
“the Commission published an order granting conditional exemptive relief from the scope of the Treasury Clearing Rule to transactions cleared through “captive” clearing subsidiaries on behalf of private funds, as long as the subsidiary meets certain requirements.”