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SEC RIN: 3235-AK87 Publication ID: Spring 2011 
Title: ●Process for Submissions for Review of Security-Based Swaps for Mandatory Clearing and Notice Filing Requirements for Clearing Agencies  
Abstract: The Commission proposed rules to specify the process for a registered clearing agency's submission for review of any security-based swap, or any group, category, type or class of security-based swaps that the clearing agency plans to accept for clearing and the manner of notice the clearing agency must provide to its members of such submission. The Commission also proposed the procedure by which it may stay the requirement that a security-based swap is subject to mandatory clearing while the clearing of the security-based swap is reviewed. The Commission proposed to specify that when a security-based swap is required to be cleared, the submission of the security-based swap for clearing must be for central clearing to a clearing agency that functions as a central counterparty. In addition, the Commission proposed rules to define and describe when notices of proposed changes to rules, procedures or operations are required to be filed by designated financial market utilities in accordance with section 806(e) of the Dodd- Frank Act and to set forth the process for filing such notices with the Commission, as well as conforming changes required by amendments to section 19(b) of the Exchange Act made by section 916 of the Dodd-Frank Act. 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: PL 111-203 sec 763(a)    PL 111-203 sec 806(e)   
Legal Deadline:
Action Source Description Date
Final  Statutory  Sec 763(a) of the Dodd-Frank Act requires the Commission to adopt rules by July 16, 2011.  07/16/2011 
Timetable:
Action Date FR Cite
NPRM  12/30/2010  75 FR 82490   
NPRM Comment Period End  02/14/2011    
Final Action  07/00/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Information URL: www.sec.gov/rules/proposed/2010/34-63557.pdf  
RIN Data Printed in the FR: No 
Agency Contact:
Kenneth Riitho
Division of Trading and Markets
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-5592
Email: riithok@sec.gov