SEC seeks market input on whether Dodd-Frank swap reporting rules still fit current trading

The U.S. Securities and Exchange Commission is seeking feedback on whether its reporting requirements for security-based swap transactions still match today’s products and trading structures. In an announcement on X on June 18, the SEC said the request aligns with its work with the CFTC to remove conflicting requirements that can force dealers to run parallel compliance systems. The review also looks at how overlapping responsibilities between the two agencies affect reporting frameworks for economically similar trades.