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DTCC enhances ETF clearing by expanding processing flexibility

DTCC enhances ETF clearing by expanding processing flexibility

The Depository Trust & Clearing Corporation's (DTCC) National Securities Clearing Corporation (NSCC) subsidiary has received regulatory approval and begun implementing rule changes designed to enhance the consumption and distribution of the ETF Portfolio Composition File (PCF) process in support of regulatory changes calling for increased transparency for Exchange-Traded Funds (ETFs) under SEC Rule 6c-11.