Today, the Commission issued an order allowing broker-dealers to pledge a diversified basket of Russell 1000 and/or S&P 500 equities as collateral when borrowing securities.
More info below. ⬇️
This order, along with a staff interpretive letter to SIFMA & ISLA, aims to improve liquidity and strengthen risk management in securities lending markets.
Order link: sec.gov/files/rules/other/2026...…
Staff interpretive letter link: sec.gov/rules-regulations/no-a...…
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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