SFT Clearing FAQ

View what could happen, pursuant to the Rules and Procedures (the “Rules”) of the National Securities Clearing Corporation (“NSCC”), to a Sponsored Member’s Securities Financing Transaction (“SFT”) positions arising from Sponsored Member Transactions upon a default of NSCC, a Sponsoring Member, or a Sponsored Member.

View frequently asked questions about the SFT Clearing service, including how to access the service. Learn more about the participant roles, system and operational flow, and billing and tax reporting. DTCC is committed to provide informative and responsive information regarding the Securities Financing Transaction (SFT) Clearing service.