U.S. Treasury Clearing: SEC Mandate and Market Considerations

Cleary Gottlieb partner Lauren Semrad, counsel Brian Morris, and associates Charles Wang and Katherine Kennedy co-authored the article “U.S. Treasury Clearing: SEC Mandate and Market Considerations,” published in The Review of Securities & Commodities Regulation.

The article examines the SEC’s new central clearing requirements for U.S. Treasury securities and repurchase transactions, provides an overview of available clearing models, and identifies key implementation considerations for market participants ahead of the phased compliance deadlines extending through June 2027.

Read the article here.