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PRR624

Summary

Title Clarification of Market Participant Default Language
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Next Step
Status Approved on 12/13/2005

Action

Date Gov Body Action Taken Next steps
12/13/2005 BOARD Approved

Voting Record

Date Gov Body Motion Result
12/13/2005 BOARD The Board voted to approve PRR624 Passed

Background

Status: Approved
Date Posted: Aug 26, 2005
Sponsor: WMS/RMS Joint TF
Urgent: No
Sections: 16.2.8, 16.2.9, 16.2.10, 16.2.12, 16.2.14, 16.3.1.2, 16.8.1.7, 16.8.1.8, 16.8.1.9, 16.8.1.10
Description: This PRR is the result of meetings of the WMS group within the TAC Joint Task Force formed to address market concerns resulting from recent market defaults. This PRR proposes changes that strengthen or clarify Protocol language that address default situations. Much of this language is based on language drafted for the TNT Protocols.
Reason:

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