juillet 7, 2023
Reopening of comment period for position reporting of large SBSs (proposed new Rule 10B-1)
The SEC has recently reopened the comment period for position reporting of large Security-Based Swap (“SBSs”) positions (proposed new Rule 10B-1). In addition, the SEC’s Division of Economic and Risk Analysis released a memorandum which contains supplemental data and analysis regarding the proposed reporting thresholds in the equity security-based swap market.
The public comment period will remain open until Aug. 21, 2023, or until 30 days after the date of publication of the reopening release in the Federal Register, whichever is later.
The proposed new Rule 10B-1: https://www.sec.gov/rules/final/2023/34-97656.pdf &
the memorandum: https://www.sec.gov/comments/s7-32-10/s73210-207819-419422.pdf.