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OCC Applauds SEC Decision to Discontinue Stay and Proceed with Review of Capital Plan

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CHICAGO--(BUSINESS WIRE)--OCC, the world’s largest equity derivatives clearing organization, today expressed support for the decision of the U.S. Securities and Exchange Commission (SEC) to lift the stay of the approval order of OCC’s proposed capital plan, allowing OCC to proceed with implementation of the capital plan. Under its order to discontinue the stay, the SEC determined that “strengthening the capitalization of a systemically important clearing agency, such as OCC, is a compelling pub

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