Tagged: national securities clearing corporation

DTCC Approved by SEC to Provide Central Clearing for Equity Securities Loans

The Depository Trust & Clearing Corporation (DTCC) is reporting that the Securities and Exchange Commission (SEC) has approved the Securities Financing Transaction (SFT) Clearing Service proposal of the National Securities Clearing Corporation (NSCC), the equity clearing subsidiary of DTCC, to operate a central clearing and… Read More

Embed Finalizes $60M Series A and Obtains Nasdaq, DTCC Approvals Needed for Launch

Michael Giles, Founder and CEO at Embed, which aims to support modern clearing and custody, built from the ground up, says they are “incredibly” excited to announce that their wholly-owned SEC-registered FINRA member broker-dealer subsidiary Embed Clearing LLC, has been approved as a member of… Read More

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