15 U.S.C. § 78rr — Data standards for security-based swap reporting
submitted 92 years ago by Pub. L. 117-263 to r/title-15-COMMERCE-AND-TRADE · 80 words · no verdicts yet
The SEC must set data standards for all security-based swap reports required by this law. These standards must match, as much as possible, the data standards set under a related banking-data law.
(a) Requirement
The SEC must, by rule, adopt data standards for every report about security*-based swaps that this chapter requires.
(b) Consistency
Those data standards must incorporate, and be compatible with, as far as practical, all the data standards set out in the rules adopted under 12 U.S.C. § 5334 — including, as far as practical, having the same features described in clauses (i) through (vi) of subsection (c)(1)(B) of that section 5334.
The Commission* shall, by rule, adopt data standards for all reports related to security*-based swaps that are required under this chapter.
The data standards required under subsection (a) shall incorporate, and ensure compatibility with (to the extent feasible), all applicable data standards established in the rules promulgated under section 5334 of title 12, including, to the extent practicable, by having the characteristics described in clauses (i) through (vi) of subsection (c)(1)(B) of such section 5334.
Source credit: (June 6, 1934, ch. 404, title I, § 41, as added Pub. L. 117–263, div. E, title LVIII, § 5821(h), Dec. 23, 2022, 136 Stat. 3427.)
- 1934Enacted · Pub. L. 117-263 · 136 Stat. 3427
A history note hasn’t been published yet. The record shows enactment by Pub. L. 117-263 on 1934-06-06.
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