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    <description>The amendment creates a defined category of self-clearing member-a clearing corporation or clearing house member who clears and settles only its own and its clients&#039; transactions and not for other trading members-and integrates that category across the regulations. Applicants must meet existing sub-regulatory requirements plus a prescribed minimum net worth and deposit with the clearing corporation or house. Provisions applicable to clearing members are extended mutatis mutandis to self-clearing members, forms and schedules are revised to include the category, option turnover computation rules are clarified, and an annual fee obligation is imposed.</description>
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