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Can Non-Covered Transactions still be sent to DTCC for Adhering and Non-Adhering Protocol Parties?

April 26, 2017adhering DTCC non-adhering non-covered Parties Protocol sent transactions

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Can Non-Covered Transactions still be sent to DTCC for Adhering and Non-Adhering Protocol Parties?

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Yes, non-covered transactions still go to DTCC. The DTCC Operating Procedures will not apply the Supplement to Excluded Transactions like LCDS and CDS on ABS.