The SEC provided guidance on security-based swap dealer applications for statutorily disqualified associated persons to be permitted to effect, or be involved in effecting, security-based swaps on behalf of an SBS entity.

The SEC set November 8, 2021 as the "data collection initiation date" marking the end of the "phase-in" period for the de minimis threshold for registration as a security-based swap dealer.

SEC Chair Gary Gensler marked the commencement of real-time reporting for securities-based-swap transactions.

Comments on proposed rule changes to reporting requirements for security-based swap transactions are due by March 21, 2022.