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

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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 actual law source: uscode.house.gov ↗public domain

(a) Requirement

The Commission shall, by rule, adopt data standards for all reports related to security-based swaps that are required under this chapter.

(b) Consistency

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.)

history & why it existsrecord from the source credit

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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