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SEC RIN: 3235-AN25 Publication ID: Fall 2023 
Title: Regulation Systems Compliance and Integrity 

The Division is considering recommending that the Commission adopt amendments to Regulation SCI that would expand its application to additional key market entities and update certain of its provisions to take account of the evolution of technology and trading since the rule’s adoption in 2014. The proposed expansion would add the following entities to the definition of "SCI entity": registered security-based swap data repositories; registered broker-dealers exceeding an asset or transaction activity threshold; and additional clearing agencies exempted from registration. The proposed updates would amend provisions of Regulation SCI relating to: (i) systems classification and lifecycle management; (ii) third party/vendor management; (iii) cybersecurity; (iv) the SCI review; (v) the role of current SCI industry standards; and (vi) recordkeeping and related matters. Further, the Commission requested comment on whether significant-volume ATSs and/or broker-dealers using electronic or automated systems for trading of corporate debt securities or municipal securities should be subject to Regulation SCI.

Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 17 CFR 242.301    17 CFR 242.1000    17 CFR 242.1001    17 CFR 242.1002    17 CFR 242.1003    17 CFR 242.1004    17 CFR 242.1005    17 CFR 249.1900    ...     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 15 U.S.C. 78b    15 U.S.C. 78c    15 U.S.C. 78e    15 U.S.C. 78f    15 U.S.C. 78k-1    15 U.S.C. 78m    15 U.S.C. 78o    15 U.S.C. 78o-3    15 U.S.C. 78q    15 U.S.C. 78q-1    15 U.S.C. 78w(a)    ...   
Legal Deadline:  None
Action Date FR Cite
NPRM  04/14/2023  88 FR 23146   
NPRM Comment Period End  06/13/2023 
Final Action  04/00/2024 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Heidi Pilpel
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-5666
Fax:202 942-9695