trade acknowledgments

SEC Proposed Rule for Security-Based Swap Acknowledgments

On January 14, the SEC proposed Rule 15Fi-1 under the Exchange Act which would require security-based swap dealers and major participants to provide to their counterparties trade acknowledgments with information about a transaction. The rule is being proposed under Title VII of the Dodd-Frank Act. Comments must be submitted within 30 days after publication in the Federal Register. SEC Rule.