Securities and Exchange Commission
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. 34-103587; File No. SR-OCC-2025-005] July 30, 2025. I. Introduction On April 17, 2025, the Options Clearing Corporation (“OCC”), filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act” or “Act”)  [ 1 ] and Rule 19b-4 thereunder, [ 2 ] a proposed rule change to amend its RWD Plan. On April 28, 2025, OCC filed Partial Amendment No. 1 to the proposed rule change. [ 3 ] The proposed rule change, as modified by Partial Amendment No. 1 (hereinafter “Proposed Rule Change”), was published for comment in the Federal Register on May 7, 2025. [ 4 ] On June 17, 2025, pursuant to Section 19(b)(2) of the Exchange Act, [ 5 ] the Commission designated a longer period within which to approve, disapprove, or institute proceedings to determine whether to approve or disapprove the Proposed Rule Change, until August 5, 2025. [ 6 ] The Commission has not received any comments on the Proposed Rule Change. For the reasons discussed below, the Commission is approving the Proposed Rule Change. II. Description of the Proposed Rule Change OCC is a central counterparty (“CCP”), which means it interposes itself as the buyer to every seller and seller to every buyer for financial transactions. As the CCP for the listed options markets in the U.S., as well as for certain futures, OCC is exp…
Citation: 90 FR 36472
