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. 34-106069; File No. SR-LCH SA-2026-007] August 10, 2026. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Exchange Act” or “Act”), [ 1 ] and Rule 19b-4 thereunder, [ 2 ] notice is hereby given that on July 31, 2026, Banque Centrale de Compensation, which conducts business under the name LCH SA (“LCH SA”), filed with the Securities and Exchange Commission (“Commission”) the proposed rule change, as described in Items I, II and III below, which Items have been prepared primarily by the clearing agency. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Clearing Agency's Statement of the Terms of Substance of the Proposed Rule Change LCH SA is proposing to amend its: (i) CDS Clearing Rule Book (“Rule Book”), (ii) CDS Clearing Procedures (“Procedures”) (collectively the “CDS Clearing Rules”) and (iii) LCH Liquidity Risk Policy (the “Policy”) in order to enhance the framework and also introduce a minimum Cash Collateral requirement to be set at Collateral Accounts level for all clearing services and to make some conforming and clarifying changes related to Collateral management in the CDS Clearing Rules (the “Proposed Rule Change”). [ 3 ] The text of the Proposed Rule Change has been annexed [sic] as Exhibit 5 to File No. SR-LCH SA-2026-007. …
Citation: 91 FR 52357
