The Investment Thread

Rule 002 just got approved"on an accelerated basis"...Goes into effect Wednesday.

This gives the DTCC the right to initiate intraday checks to make sure institutions are not over-leveraged on their positions, and automates the margin call process if they're not in compliance/deemed to be too risky of a position.


https://www.sec.gov/rules/sro/nscc/2021/34-92213.pdf
So it’s not automatic that they produce the data and has to be initiated? So the Melvin Capital board member for the DTCC, can scratch some backs?