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Buy- and sell-side firms are getting the message about SEC clearing rules that will take effect next year.
Clearing is coming the U.S. Treasury market and buy- and sell-side firms are beginning to get the message. New SEC clearing rules for the U.S. Treasury market, which take effect next year and in 2026, will spur more sell-side firms to offer Treasury clearing via prime brokerage, agency clearing, and futures commission merchant (FCM) services...
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