3235-AK74 202104 Unified Agenda of Federal Regulatory and Deregulatory Actions 3235 Securities and Exchange Commission SEC Exemption from the Definition of "Clearing Agency" for Certain Activities of Security-Based Swap Dealers and Security-Based Swap Execution Facilities

The Commission proposed regulations to impose ownership and voting limits and governance arrangements applicable to security-based swap clearing agencies and security-based swap execution facilities to mitigate potential conflicts of interest that could exist to those entities. The Commission separately proposed seven new rules and an amendment to an existing rule related to clearing agencies, including clearing agencies that clear security-based swaps.  The proposed rules were designed to enhance the regulatory framework for the supervision of clearing agencies.  The Commission adopted some of the proposed rules.

The Division is now considering recommending that the Commission adopt the remaining rules.  

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage Undetermined No 17 CFR 242 Pub. L. 111-203, sec. 765 Pub. L. 111-203, sec. 763 15 U.S.C. 78c 15 U.S.C. 78f 15 U.S.C. 78k-1 15 U.S.C. 78q-1 15 U.S.C. 78w(a) Statutory Final 01/18/2011 Pub. L. 111-203, sec. 765. Pub. L. 111-203, sec. 765. The Dodd-Frank Act requires the Commission to adopt rules to mitigate conflicts of interest for security-based swap clearing agencies, security-based swap execution facilities, and security-based swap exchanges. No NPRM 10/26/2010 75 FR 65881 NPRM Comment Period End 11/26/2010 NPRM Comment Period Extended 03/08/2011 76 FR 12654 NPRM Comment Period Extended End 04/29/2011 NPRM Comment Period Reopened 05/23/2013 78 FR 30800 NPRM Comment Period Reopened End 07/22/2013 Final Action 02/01/2021 86 FR 7637 Final Action Effective 04/02/2021 Final Action 04/00/2022 No No None No www.sec.gov/rules/proposed/2011/34-64018.pdf No No 3235-AL13 Merged with 3235-AK93 Related to Matthew Lee Assistant Director, Division of Trading and Markets 3235 Securities and Exchange Commission SEC 202 551-5794 leemat@sec.gov 100 F Street NE, Washington DC 20549