SEC's Gensler would welcome more competition in clearing U.S. Treasuries - report

seekingalpha06-06

U.S. Securities and Exchange Commission Chair Gary Gensler said on Wednesday that he would welcome having multiple clearing houses for U.S. Treasuries, though no formal filings have been made by ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2441778642?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1660138578/image_1660138578.jpg","is_english":true,"pubTime":"2024-06-06 04:16","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2441778642","market":"us","top_or_hot":-1,"title":"SEC's Gensler would welcome more competition in clearing U.S. Treasuries - report","media":"seekingalpha","content":"<div>\n<p>U.S. Securities and Exchange Commission Chair Gary Gensler said on Wednesday that he would welcome having multiple clearing houses for U.S. Treasuries, though no formal filings have been made by ...</p>\n\n<a href=\"https://seekingalpha.com/news/4113337-secs-gensler-would-welcome-more-competition-in-clearing-us-treasuries-report\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC's Gensler would welcome more competition in clearing U.S. Treasuries - report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEC's Gensler would welcome more competition in clearing U.S. Treasuries - report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-06 04:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4113337-secs-gensler-would-welcome-more-competition-in-clearing-us-treasuries-report><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. Securities and Exchange Commission Chair Gary Gensler said on Wednesday that he would welcome having multiple clearing houses for U.S. Treasuries, though no formal filings have been made by ...</p>\n\n<a href=\"https://seekingalpha.com/news/4113337-secs-gensler-would-welcome-more-competition-in-clearing-us-treasuries-report\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237438978.USD","symbol_name":"Amundi Funds US Pioneer A2 (C) USD","start_time":0,"source_url":"https://seekingalpha.com/news/4113337-secs-gensler-would-welcome-more-competition-in-clearing-us-treasuries-report","article_id":"2441778642","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1660138578/image_1660138578.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2441778642","pubTimestamp":1717618563,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"U.S. Securities and Exchange Commission Chair Gary Gensler said on Wednesday that he would welcome having multiple clearing houses for U.S. Treasuries, though no formal filings have been made by potential applicants, according to media reports. \"There’s some dialogue between potential applicants,\" he told reporters on the sidelines of the ISDA/SIFMA Treasury Forum in New York, Reuters reported.  As of now, the Fixed Income Clearing Corporation, a subsidiary of DTCC, is the U.S.'s only clearing house for Treasuries. However, the SEC adopted new rules in December that seek to lower systemic risk in the U.S. Treasury market by shifting trades through more clearing houses. Reuters reported that the London Stock Exchange Group's   Clearing House business, CME Group  and Intercontinental Exchange  have expressed interest in clearing U.S. Treasuries.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","BK4585":"ETF&股票定投概念","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","BK4566":"资本集团","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","CME":"芝加哥商品交易所","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","BK4588":"碎股","LU1599440770.SGD":"FIDELITY GLOBAL DIVIDEND \"A\" (SGDHDG) INC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4561":"索罗斯持仓","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU0731783394.SGD":"Fidelity Global Dividend A-MINCOME(G)-SGD","LNSTY":"London Stock Exchange Ltd.","LU1732800096.USD":"摩根大通环球收益基金A (irc)","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","BK4112":"金融交易所和数据","LDNXF":"London Stock Exchange Ltd.","ICE":"洲际交易所","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU0011850046.USD":"贝莱德全球长线股票 A2 USD"},"translate_title":"SEC的Gensler将欢迎美国国债清算方面的更多竞争——报告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CME":1,"ICE":1,"LDNXF":1,"LNSTY":1},"content_text":"U.S. Securities and Exchange Commission Chair Gary Gensler said on Wednesday that he would welcome having multiple clearing houses for U.S. Treasuries, though no formal filings have been made by potential applicants, according to media reports. \"There’s some dialogue between potential applicants,\" he told reporters on the sidelines of the ISDA/SIFMA Treasury Forum in New York, Reuters reported.  As of now, the Fixed Income Clearing Corporation, a subsidiary of DTCC, is the U.S.'s only clearing house for Treasuries. However, the SEC adopted new rules in December that seek to lower systemic risk in the U.S. Treasury market by shifting trades through more clearing houses. Reuters reported that the London Stock Exchange Group's (OTCPK:LDNXF) (OTCPK:LNSTY) Clearing House business, CME Group (NASDAQ:CME) and Intercontinental Exchange (NYSE:ICE) have expressed interest in clearing U.S. Treasuries.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2441778642"}