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. 34-105565; File No. SR-NSCC-2026-006] May 27, 2026. I. Introduction On April 2, 2026, National Securities Clearing Corporation (“NSCC”) filed with the Securities and Exchange Commission (“Commission”) proposed rule change NSCC-2026-006, pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”)  [ 1 ] and Rule 19b-4 thereunder. [ 2 ] The proposed rule change would amend NSCC's Rules  [ 3 ] to describe NSCC's ability to support extended trading hours for the U.S. equity markets and to provide improved clarity around relevant processing times for its equity clearing services. The proposed rule change was published for comment in the Federal Register on April 16, 2026. [ 4 ] The Commission has received no comments on the changes proposed. For the reasons discussed below, the Commission is approving the proposed rule change. II. Background NSCC Trade Capture and Recording Services NSCC is a central counterparty (“CCP”) and provider of clearance and settlement services for transactions in broker-to-broker equity, corporate and municipal bond, and unit investment trust transactions in the U.S. markets. As a CCP, NSCC novates transactions between counterparties, effectively becoming the buyer to every seller and the seller to every buyer, and guarantees settlement of the novated transactions. NSCC's CCP services are available to entities that are approved un…
Citation: 91 FR 32491
