Straight-through processing by clearing agencies that provide a central matching service. , 17 CFR 240.17Ad–27
Summary
A clearing agency that provides a central matching service must establish, implement, maintain, and enforce written policies and procedures reasonably designed to facilitate straight-through processing of securities transactions at the clearing agency.
A clearing agency that provides a central matching service must submit to the Commission every twelve months a report that includes the following:
A summary of the clearing agency's policies and procedures required under paragraph (a) of this section, current as of the last day of the twelve-month period covered by the report required under paragraph (b) of this section;