SEC – Approves Registration of First Security-Based Swap Data Repository and Sets the First Compliance Date for Regulation SBSR

May 11, 2021 – SEC approved DTCC registration as first security-based swap SBS data repository SDR. DTCC Data Repository LLC will be SDR for SBS in equity, credit, and rate asset classes. Security-based swap market now has the first SDR that can accept transaction reports. As a result, SEC set first compliance date for regulation SBSR, as being November 8, 2021.

Compliance Date
Reg SBSR governs regulatory reporting and public dissemination of SBS transactions. Under Reg SBSR, the November 8, 2021 compliance date represents the first Monday that is later of: six months after the May 7, 2021 registration date for the first SDR, or one month after Oct. 6, 2021, compliance date for registration of SBS entities.

For more information, visit www.sec.gov.

Discover More Regulatory Insights

Visit the AxiomSL resource center for recent Regulatory Changes for financial institutions, InsideView Blog, and Thought Leadership.



We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.
Accept