The CFTC has approved the first provisional registration for a swap data repository pursuant to section 21 of the Commodity Exchange Act and section 49.3(b) of the CFTC’s regulations. The application was submitted by ICE Trade Vault, LLC.
Under the Dodd-Frank Act, swap data repositories will perform a variety of functions related to the collection and maintenance of swap transaction data and information.
Check dodd-frank.com frequently for updated information on the JOBS Act, the Dodd-Frank Act and other important securities law matters.
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