Section 763(a)

SEC Final Rules on Procedures for Reviewing Clearing Submissions

On June 28, in accordance with Section 763(a) of the Dodd-Frank Act, the SEC adopted final rules regarding submissions of security-based swaps for clearing with registered clearing agencies. The SEC also adopted rules to define and describe when notices of proposed changes to rules, procedures or operations are required to be filed by designated financial market utilities in accordance with Section 806(e) of Title VIII of the Dodd-Frank Act. Most of the rules will become effective 60 days after publication in the Federal Register. Release. Final Rules.