Swaps Reporting Deadline Pushed Back
SEC grants swap data repositories a three-month extension
An industry source has told Inside Reference Data that the deadline for compliance with the Securities Based Swaps Reporting (SBSR) rules of the Securities and Exchange Commission (SEC) has been pushed back three months.
According to the source, the delay is due to the Depository Trust and Clearing Corporation (DTCC), which failed to register as operationally ready to be a Swap Data Repository (SDR) by the deadline of March 18.
Under Rule 907 of Regulation SBSR, SDRs must register with the
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