diff --git a/Resources/Documents/DTCC/2021-04-20-DTC-2021-007-Rule-File.md b/Resources/Documents/DTCC/2021-04-20-DTC-2021-007-Rule-File.md new file mode 100644 index 0000000..7b613b3 --- /dev/null +++ b/Resources/Documents/DTCC/2021-04-20-DTC-2021-007-Rule-File.md @@ -0,0 +1,28 @@ +New DTC RULE came out DTC-2021-007 +================================== + +**Author: [u/Goodluck_77](https://www.reddit.com/user/Goodluck_77/)** + +[News 📰 | Media 📱](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&restrict_sr=1) + +[bduy](https://www.reddit.com/user/bduy/)[7 minutes ago](https://www.reddit.com/r/Superstonk/comments/muzbp3/new_dtc_rule_came_out_dtc2021007/gv8vcid/?utm_source=reddit&utm_medium=web2x&context=3) + +When settling debts between parties, the current system allows an + +"agreement between the parties provides for an adjustment unknown to DTC. The parties can settle the adjustment away from DTC or one of the parties can submit a manual adjustment via the APO service. Unfortunately, manual processing of adjustments via the APO service is subject to a number of shortcomings. For example, the adjustments are not subject to DTC's risk controls" + +They are trying to make the debt claim process more transparent and streamlined, especially with their own risk parameters. + +TLDR: DTCC wants everyone to be like the Lannisters. + +---------- + +New DTC came out DTC-2021-007 Don`t know what this is Anyone have an idea? + +[DTC-2021-007](https://www.dtcc.com/-/media/Files/Downloads/legal/rule-filings/2021/DTC/SR-DTC-2021-007.pdf) + +DTC + +Update the DTC Corporate Actions Distributions Service Guide + +