SEC Floats Exception To Swap Data Repository Indemnity Rule

By Stewart Bishop (September 4, 2015, 9:11 PM EDT) -- The U.S. Securities and Exchange Commission proposed a new rule Friday for security-based swap data repositories that would implement the conditional requirement they make data available to regulators and that would provide an exemption to the Dodd-Frank Act's indemnification requirement.

The data-sharing rule for swap data repositories — electronic warehouses of sorts created by Dodd-Frank that serve as central facilities for swap data reporting and record-keeping — requires security-based swap repositories to make data available to agencies like the U.S. Department of Justice, the U.S. Commodity Futures Trading Commission and other regulators foreign and domestic.

However, a stumbling block for many...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!