Gensler to stick to Treasury clearing timetable
SEC chief promises to keep up the pressure for done-away trades
US Securities and Exchange Commission (SEC) chair Gary Gensler told the annual meeting of the Securities Industry and Financial Markets Association (Sifma) he is standing by the timetable for the agency’s US Treasury clearing mandate.
Broker-dealers must begin clearing US Treasury securities from December 31, 2025, while virtually all market participants – including buy-side firms – will be required to clear repurchase transactions after June 30, 2026.
Firms that provide liquidity in US
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