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ARTICLE · 19 AUGUST 2016

Federal Register: SEC Adopts Final Amendments To Security-Based Swap Reporting Requirements

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The SEC adopted amendments and guidance concerning regulatory reporting and public dissemination of security-based swap transactions. The final amendments were published in the Federal Register.

United StatesCorporate/Commercial Law

The SEC adopted amendments and guidance concerning regulatory reporting and public dissemination of security-based swap transactions ("Regulation SBSR"). The final amendments were published in the Federal Register.

Compliance with Regulation SBSR will involve the following conditions:

  • reporting compliance must be the later of (1) six months after the date that the first registered security-based swap data repositories that can accept reports in the relevant asset class registers with the SEC, or (2) one month after the registration compliance date for security-based swap dealers. The same compliance date would apply to certain requirements that are applicable to SDRs.
  • public dissemination compliance must be within three months after the first compliance date.

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