Trade Acknowledgment and Verification of Security-Based Swap Transactions
Overview
In accordance with Section 764(a) of Title VII of the Dodd- Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd- Frank Act'), the Securities and Exchange Commission ("Commission') is adopting Rules 15Fi-1 and 15Fi-2 under the Securities Exchange Act of 1934 ("Exchange Act') requiring security-based swap dealers and major security-based swap participants to provide trade acknowledgments and to verify those trade acknowledgments in security-based swap transactions. The Commission also is amending Rule 3a71-6 under the Exchange Act to address the potential availability of substituted compliance in connection with those trade acknowledgment and verification requirements.
Prior Actions
Proposed Rule (34-69491)
78 FR 30800
Proposed Rule (34-63727)
76 FR 3859
Resources
Details
August 16, 2016
The applicable compliance date is discussed in Section V of this final rule
81 FR 39807