Regulatory Alerts2022-05-11 | 2022-07850Added
Rules Relating to Security-Based Swap Execution and Registration and Regulation of Security-Based Swap Execution Facilities
The Securities and Exchange Commission proposes Regulation SE to establish a comprehensive registration and regulatory regime for security-based swap execution facilities (SBSEFs) and address security-based swap execution issues. This proposal withdraws all previously issued rules on these subjects to replace them with updated requirements reflecting significant market changes, including new rules on cross-border application, trade execution, and conflict of interest mitigation. The document also outlines specific exemptions for SBSEFs from certain broker and exchange definitions while introducing new procedures for rule filings, product listings, and Commission review of SBSEF actions.
Topics
Share