security-based swap data repositories

SEC Adopts New Rules for Security-Based Swap Market

On January 14, the SEC adopted new rules that will require security-based swap data repositories (SDRs) to register with the SEC and prescribe reporting and public dissemination requirements for security-based swap transaction data. The SEC also proposed certain additional rules, rule amendments and guidance related to the reporting and public dissemination of security-based swap transaction data.  The rules implement  Title VII of the Dodd-Frank Act. The new rules will become effective 60 days after they are published in the Federal Register.  Release.

SEC Proposes Rules on Security-Based Swap Reporting and Repositories

On November 19, the SEC proposed rules: (i) regarding how security-based swap transactions should be reported and the reports disseminated, and (ii) requiring security-based swap data repositories to register with the SEC. Comments on the proposed rules must be submitted within 45 days after publication in the Federal Register. SEC Release (Reporting). SEC Release (Repositories).