Regulatory Alerts2016-09-02 | 2016-21137Added
Access to Data Obtained by Security-Based Swap Data Repositories
The Securities and Exchange Commission adopted final rules amending Exchange Act rule 13n-4 to implement statutory requirements for regulatory access to security-based swap data held by security-based swap data repositories. The amendments conditionally require repositories to provide data to specified recipients, including prudential regulators, the Financial Stability Oversight Council, the Commodity Futures Trading Commission, and designated foreign authorities, upon receipt of written confidentiality agreements. The rules also establish a notification mechanism requiring repositories to inform the Commission of data access requests and specify the methods for complying with these associated statutory obligations.
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