DTCC to operate clearinghouse for mortgage bonds

03/13/2012 | Bloomberg

The Securities and Exchange Commission has given Depository Trust & Clearing permission to operate a clearinghouse for mortgage-backed bonds. The DTCC offers similar services for government-related securities, including Treasurys. Michael Bodson, chief operating officer of DTCC, will be a featured speaker at the SIFMA Operations Conference and Exhibit register today.

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