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The Options Clearing Corporation Clearing Fee Schedule

Summary

SIFMA provides comments to the Securities and Exchange Commission (SEC) on the Options Clearing Corporation’s (OCC’s) proposed rule change to reflect the elimination of a discount to OCC’s clearing fee schedule, File No. SR-OCC-2014-05.

SIFMA appreciates that OCC, as a Systemically Important Financial Markets Utility (SIFMU), needs to raise capital to comply with new proposed SEC requirements. However, SIFMA recommends that OCC provide additional clarity on the reasoning behind its plans to change its price schedule before the new schedule takes effect.

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Date

17

April

2014

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