It looks like there will be new rules of the road for conflicts of interest at registered clearing agencies servicing securities-based swaps. The SEC has adopted rules intended to reform boards of directors or equivalent governing bodies for these clearing agencies. However, critics of the recently approved rules — which date back to the Dodd-Frank Act… Read More >>
SEC Adopts Rules for Security-based Swap Repositories
The SEC has adopted rules that will require security-based swap data repositories (SDRs) to register with the regulator, and will prescribe reporting and public dissemination requirements for security-based swap transaction data, officials say. This is not the culmination of rules for reporting of security-based swaps, but only the start. The SEC has regulatory authority over… Read More >>
