Aug 07, 2020
• Press Releases
DTCC Comments on Senate Confirmation of Hester Peirce and Caroline Crenshaw as Commissioners to the SEC
New York, NY – August 6. 2020 – The Depository Trust & Clearing Corporation (DTCC) today issued the following statement in response to the Senate confirmation of Hester Peirce and Caroline Crenshaw as Commissioners to the Securities & Exchange Commission.
“We congratulate Hester Peirce and Caroline Crenshaw on their confirmation as Commissioners to the Securities & Exchange Commission. We look forward to working closely with Commissioners Peirce and Crenshaw, and other members of the SEC, on regulatory issues that will continue to ensure the safety and stability of the global financial markets.”
With over 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 15 countries, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringing increased security and soundness to financial markets. In 2019, DTCC’s subsidiaries processed securities transactions valued at more than U.S. $2.15 quadrillion. Its depository provides custody and asset servicing for securities issues from 170 countries and territories valued at U.S. $63.0 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes over 14 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, Twitter, YouTube and Facebook.