DTCC threatens lawsuit over CME SDR plan
Depository Trust & Clearing Corporation could take legal action to stop proposed rule that would force CME clearing customers to report to its own SDR
The Depository Trust & Clearing Corporation (DTCC) may take legal action to prevent CME Group from introducing a new rule that would bundle clearing and reporting services at the Chicago exchange – a move the DTCC argues is anticompetitive.
The proposal to introduce a new clause to the CME rule book – known as Rule 1001 – was filed with the Commodity Futures Trading Commission (CFTC) at the end of
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