Accounting Treatment for UST Repo Transactions Cleared Through FICC
Dated: September 11, 2025
SIFMA’s Accounting Committee Working Group has completed its review of FICC’s Agent Clearing Service model, and has consulted with the Staff of the SEC’s Office of the Chief Accountant regarding its conclusions on certain accounting questions that arose from the model. Both the Working Group’s conclusions and the concluding correspondence with the SEC Staff is available here.
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