The comment deadline for a CFTC proposal amending swap data reporting regulations was extended from July 29, 2019 until October 28, 2019.
As previously covered, the CFTC proposed amendments to CFTC Rules Parts 23, 43, 45 and 49. The proposal would:
- establish policies and procedures for swap data repositories ("SDRs") to verify the accuracy of swap data with both counterparties to a swap;
- improve requirements for reporting counterparties concerning swap data accuracy, pursuant to those SDR procedures;
- enhance SDR operational requirements to improve oversight; and
- "streamline the requirements for SDRs."
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