Legal & Regulatory
Policy & Compliance
The Depository Trust & Clearing Corporation (DTCC)
DTCC, through its subsidiaries, provides clearing, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks.
By-Laws of The Depository Trust & Clearing Corporation (effective April, 2011)
Highlighted Key Provisions of Principles of DTCC Governance
These "Principles of Governance" set forth the shared vision of DTCC's Board of Directors and DTCC's management regarding the governance, management and oversight practices to be followed at DTCC.
Highlighted Key Provisions of Principles of DTCC Governance (pdf)
Board of Directors Code of Ethics
The DTCC Board Code of Ethics (the "Code") applies to all Directors of The Depository Trust & Clearing Corporation ("DTCC") and its U.S. subsidiaries: The Depository Trust Company ("DTC"), National Securities Clearing Corporation ("NSCC"), and the Fixed Income Clearing Corporation ("FICC") (collectively, the "Corporation"). In this Code, the terms "Board" and "Directors" refer to members of the boards of Directors of the Corporation.
This Code is intended to focus Directors on their duties as fiduciaries and provide guidance to Directors to help them recognize and deal with ethical issues, provide mechanisms to report unethical conduct, and help foster a culture of honesty and accountability.
In addition to this Code, directors must comply with the Board Mission Statement and Charter and the Principles of DTCC Governance.
Warehouse Trust Company
Operating Agreement of Warehouse Trust Company (effective February, 2010)
Principles of Governance of The Warehouse Trust Company
These "Principles of Governance" set forth the shared vision of WTC's Board of Directors and WTC's management regarding the governance, management and oversight practices to be followed at Warehouse Trust Company.
Principles of Governance (effective December, 2010)
Board of Directors Code of Ethics
The Warehouse Trust Company Board Code of Ethics (the "Code") applies to all Directors of Warehouse Trust Company ("WTC").
This Code is intended to focus Directors on their duties as fiduciaries and provide guidance to Directors to help them recognize and deal with ethical issues, provide mechanisms to report unethical conduct, and help foster a culture of honesty and accountability.
In addition to this Code, directors must comply with the Board Mission Statement and Charter and the Principles of Warehouse Trust Company Governance.
Board of Directors Code of Ethics (effective December, 2010)