FICC Rulemaking

We encourage the public to submit comments on the following Fixed Income Clearing Corporation (FICC; formerly Government Securities Clearing Corp.) filings during the comment period. For detailed instructions, please read How to Submit Comments. We strongly encourage you to send your comments electronically. They will be posted on this website.

Chronological List
Third Quarter |  Second Quarter |  First Quarter

FICC Rulemaking File Number List for 2021

Additional Archives

Chronological List for 2021

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Release No. Date Details
Fourth Quarter
SR-FICC-2021-009
34-93857 Dec. 22, 2021 Notice of Filing of Proposed Rule Change to Enhance Capital Requirements and Make Other Changes
Comments due: January 19, 2022
Additional Materials: Exhibit 5
Comments received are available for this proposal.
SR-FICC-2021-008
34-93670 Nov. 24, 2021 Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Make Certain Revisions and Clarifications to the Rules
Comments due: December 21, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-004
34-93280 Oct. 8, 2021 Order Approving the Proposed Rule Change Relating to Confidential Information, Market Disruption Events, and Other Changes
SR-FICC-2021-007
34-93234 Oct. 1, 2021 Order Approving Proposed Rule Change to Remove the Early Unwind Intraday Charge, Change the Treatment of Short-Term Treasuries, and Make Other Changes
Third Quarter
SR-FICC-2021-003
34-92808 Aug. 30, 2021 Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to Add the Sponsored GC Service and Make Other Changes
Comments due: September 24, 2021
SR-FICC-2021-007
34-92756 Aug. 25, 2021 Notice of Filing of Proposed Rule Change to Remove the Early Unwind Intraday Charge, Change the Treatment of Short-Term Treasuries, and Make Other Changes
Comments due: September 21, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-004
34-92749 Aug. 25, 2021 Notice of Designation of Longer Period for Commission Action on Proposed Rule Change Relating to Confidential Information, Market Disruption Events, Systems Disconnect, and Other Changes
SR-FICC-2021-006
34-92380 Jul. 13, 2021 Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Clearing Agency Model Risk Management Framework
Comments due: August 9, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-004
34-92341 Jul. 7, 2021 Notice of Filing of Proposed Rule Change Relating to Confidential Information, Market Disruption Events, and Other Changes
Comments due: August 3, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-005
34-92340 Jul. 7, 2021 Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Modify the FICC Government Securities Division Rulebook, FICC Mortgage-Backed Securities Division Clearing Rules, and FICC Mortgage-Backed Securities Division EPN Rules
Comments due: August 3, 2021
Additional Materials: Exhibit 5
Second Quarter
SR-FICC-2020-017
34-92303 Jun. 30, 2021 Order Approving a Proposed Rule Change to Modify the Calculation of the MBSD VaR Floor to Incorporate a Minimum Margin Amount
SR-FICC-2021-003
34-92185 Jun. 15, 2021 Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change to Add the Sponsored GC Service and Make Other Changes
SR-FICC-2020-017
34-92117 Jun. 7, 2021 Notice of Designation of Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Modify the Calculation of the MBSD VaR Floor to Incorporate a Minimum Margin Amount
SR-FICC-2021-003
34-92014 May 25, 2021 Notice of Filing of Proposed Rule Change to Add the Sponsored GC Service and Make Other Changes
Comments due: June 22, 2021
Additional Materials: Exhibit 5
Comments received are available for this proposal.
See also: SR-FICC-2021-801
SR-FICC-2021-001
34-91587 Apr. 16, 2021 Order Approving Proposed Rule Changes to Revise the Clearing Agency Investment Policy
Additional File Nos.: SR-DTC-2021-002, SR-NSCC-2021-003
First Quarter
SR-FICC-2021-002
34-91430 Mar. 29, 2021 Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend the Recovery & Wind-down Plan
Comments due: April 23, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-001
34-91292 Mar. 10, 2021 Notice of Filing of a Proposed Rule Change to Revise the Clearing Agency Investment Policy
Comments due: April 6, 2021
Additional Materials: Exhibit 5
SR-FICC-2020-017
34-91092 Feb. 9, 2021 Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Modify the Calculation of the MBSD VaR Floor to Incorporate a Minimum Margin Amount
Comments due: February 23, 2021
Rebuttal comments due: March 3, 2021
SR-FICC-2020-015
34-90948 Jan. 19, 2021 Order Approving Proposed Rule Change to Include Same-Day Settling Trades in the Risk Management, Novation, Guarantee, and Settlement Services of the Government Securities Division's Delivery-Versus-Payment Service, and Make Other Changes

File Number List for 2021

Release No. Date Details
SR-FICC-2021-009
34-95144 Jun. 23, 2022 Notice of Designation of Longer Period for Commission Action on Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Enhance Capital Requirements and Make Other Changes
34-94497 Mar. 23, 2022 Order Instituting Proceedings to Determine Whether to Approve or Disapprove a Proposed Rule Change to Enhance Capital Requirements and Make Other Changes
Comments due: April 20, 2022
Rebuttal comments due: May 4, 2022
Comments received are available for this proposal.
34-94066 Jan. 26, 2022 Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change to Enhance Capital Requirements and Make Other Changes
34-93857 Dec. 22, 2021 Notice of Filing of Proposed Rule Change to Enhance Capital Requirements and Make Other Changes
Comments due: January 19, 2022
Additional Materials: Exhibit 5
Comments received are available for this proposal.
SR-FICC-2021-008
34-93670 Nov. 24, 2021 Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Make Certain Revisions and Clarifications to the Rules
Comments due: December 21, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-007
34-93234 Oct. 1, 2021 Order Approving Proposed Rule Change to Remove the Early Unwind Intraday Charge, Change the Treatment of Short-Term Treasuries, and Make Other Changes
34-92756 Aug. 25, 2021 Notice of Filing of Proposed Rule Change to Remove the Early Unwind Intraday Charge, Change the Treatment of Short-Term Treasuries, and Make Other Changes
Comments due: September 21, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-006
34-92380 Jul. 13, 2021 Notice of Filing and Immediate Effectiveness of Proposed Rule Change to Amend the Clearing Agency Model Risk Management Framework
Comments due: August 9, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-005
34-92340 Jul. 7, 2021 Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Modify the FICC Government Securities Division Rulebook, FICC Mortgage-Backed Securities Division Clearing Rules, and FICC Mortgage-Backed Securities Division EPN Rules
Comments due: August 3, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-004
34-93280 Oct. 8, 2021 Order Approving the Proposed Rule Change Relating to Confidential Information, Market Disruption Events, and Other Changes
34-92749 Aug. 25, 2021 Notice of Designation of Longer Period for Commission Action on Proposed Rule Change Relating to Confidential Information, Market Disruption Events, Systems Disconnect, and Other Changes
34-92341 Jul. 7, 2021 Notice of Filing of Proposed Rule Change Relating to Confidential Information, Market Disruption Events, and Other Changes
Comments due: August 3, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-003
34-92808 Aug. 30, 2021 Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, to Add the Sponsored GC Service and Make Other Changes
Comments due: September 24, 2021
34-92185 Jun. 15, 2021 Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change to Add the Sponsored GC Service and Make Other Changes
34-92014 May 25, 2021 Notice of Filing of Proposed Rule Change to Add the Sponsored GC Service and Make Other Changes
Comments due: June 22, 2021
Additional Materials: Exhibit 5
Comments received are available for this proposal.
See also: SR-FICC-2021-801
SR-FICC-2021-002
34-91430 Mar. 29, 2021 Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend the Recovery & Wind-down Plan
Comments due: April 23, 2021
Additional Materials: Exhibit 5
SR-FICC-2021-001
34-91587 Apr. 16, 2021 Order Approving Proposed Rule Changes to Revise the Clearing Agency Investment Policy
Additional File Nos.: SR-DTC-2021-002, SR-NSCC-2021-003
34-91292 Mar. 10, 2021 Notice of Filing of a Proposed Rule Change to Revise the Clearing Agency Investment Policy
Comments due: April 6, 2021
Additional Materials: Exhibit 5