Extension of Comment Period for Regulation MC

SEC Release 34-64018

March 3, 2011

The SEC reopened the comment period on its proposed Regulation MC, which is designed to mitigate conflicts of interests at security-based swap clearing agencies and execution facilities, and at national securities exchanges that trade security-based swaps. The SEC stated that the reopening of the comment period is intended to allow firms' comments to reflect its proposed rule regarding the registration and regulation of security-based swap execution facilities and its proposal regarding registration of clearing agencies.

Cross References

SEC Release 34-63107 (Original proposal)

SEC Release 34-63825 (SB SEF proposal)

SEC Release 34-64017 (Clearing agency proposal)