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News: SEC Regulation SBSR

29 March 2016 | Lloyd Altman

In a nod to delays in registration of Swaps Data Repositories (SDRs), the SEC has granted a temporary exemption from the core SDR Rules 13n-1 to 13n-12 until the earlier of when the first SDR is granted registeration by the SEC or June 30, 2016. This temporary exemption is designed to "help facilitate the potential submission of any SDR applications." The new compliance date for backloading will be 6 months after the first SDR is registered and no later than December 18, 2016. Full PDF https://lnkd.in/eDjsDVu.


Comments

Let's hope the date is not June 30th as that would mean a December compliance date for backloading. No one wants to do this in December. Risk Focus Load.Trade will be available for validation and backloading of trades well ahead of December, just in case.