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TCH Submits Comment Letter Regarding SEC Disclosure Update and Simplification Amendments

The Clearing House (TCH) has submitted a comment letter to the SEC on its proposed disclosure update and simplification amendments. The letter is supportive of the simplification effort, but encourages the SEC to eliminate certain bright-line disclosure thresholds. The letter also encourages the SEC to continue to look for opportunities to streamline disclosures requirements as a part of its regular ongoing efforts, and to continue to work in close cooperation with other standard-setting authorities to develop disclosures that are complementary and neither duplicative nor inconsistent.