24 Apr 2025
📈SEC Extends SBSR Compliance Statement
Regulation SBSR (Reporting and Dissemination of Security-Based Swap Information) and Security-Based Swap Data Repository Rules; Extension
Summary
The Securities and Exchange Commission is extending a statement regarding compliance with rules for security-based swap data repositories and Regulation SBSR.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The SEC's extension of the compliance statement for security-based swap data reporting indicates ongoing regulatory expectations and potential compliance costs for businesses involved in swaps and derivatives. Organizations must adhere to updated SBS reporting rules and ensure they are ready for changes by the extended deadline of November 5, 2029.