Securities and Exchange Commission (SEC), Security-Based Swaps, Regulatory Reform

SEC extends security-based swap reporting requirements safe harbor to 2029

Eversheds Sutherland (US) LLP on 5/6/2025

On April 17, 2025, the Securities and Exchange Commission (SEC) extended the expiration date of a no-action statement (Compliance Statement) regarding compliance with reporting rules for security-based swap data repositories...more

SEC Reopens Comment Period for Rule Proposing New Disclosures for Security-Based Swaps

Jones Day on 8/23/2023

The Situation: The Securities and Exchange Commission ("SEC") has reopened the comment period for its proposed rule requiring public disclosure of security-based swap ("SBS") positions that exceed certain thresholds....more

SEC Adopts Two Rules for Security-Based Swaps (but Not Proposed Rule 10B-1)

Jones Day on 6/30/2023

The Securities and Exchange Commission ("SEC") has adopted new rules that expand antifraud and anti-manipulation measures for security-based swaps ("SBS")....more

SEC Revives Proposed Antifraud Rule for Security-Based Swap Transactions

Skadden, Arps, Slate, Meagher & Flom LLP on 12/23/2021

On December 15, 2021, the Securities and Exchange Commission (SEC) re-proposed for comment Rule 9j-1 (Rule), an antifraud provision for security-based swaps (SBS) initially proposed in 2010. In the same release, the SEC also...more

SEC Proposes Three New Rules for Securities-Based Swaps

Jones Day on 12/22/2021

The SEC is considering new rules that would require public position reporting and other requirements for security-based swaps. On December 15, 2021, the SEC proposed three rules under the Securities Exchange Act to...more

SEC Proposes Large Security-Based Swaps Position Reporting Rules, Re-Proposes Anti-Fraud Rules

Proskauer Rose LLP on 12/22/2021

On December 15, 2021 the Securities and Exchange Commission proposed new rules requiring that large positions in security-based swaps and related securities be reported to the commission and publicly disseminated. At the same...more