NSCC Loss Allocation
The NSCC Loss Allocation Overview eLearning is divided into three parts. Login to view Part 1, which is currently available.
Part 1 explains NSCC’s loss allocation practices at a high-level, as they apply to both Defaulting Member and NDL events. It also highlights the loss allocation rule enhancements NSCC implemented in 2018. A transcript is available from the Resources link in the course. You can share your feedback about the eLearning at the end of each part.
Part 2 and 3 are coming soon. They provide information about the look back period, pro rata share calculations, Loss Allocation Cap, 10-day Event Period, and include hypothetical single- or- multiple member default scenarios.
Each part of this series builds upon the previous part. Make sure you sign up for new content notification alerts through your User Profile.
Login to learn more about NSCC Loss Allocation, and then click Expand All to view Part 1 of the Overview eLearning.