Թ

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Թ
Leading the Way

Global Թ Finance News and Commentary
≔ Menu
Թ
Leading the Way

Global Թ Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. HomeRegulation news
  2. SEC 10c-1 trade reporting update: comment period extends until 1 April
Regulation news

SEC 10c-1 trade reporting update: comment period extends until 1 April


04 March 2022 US
Reporter: Bob Currie

Generic business image for news article
Image: AdobeStock/sellingpix
As an update to an article published in SFT on 28 February, we clarify that the US Թ and Exchange Commission (SEC) has reopened consultation for its securities lending trade reporting proposal until 1 April.

This was confirmed with , the daily journal of the US government.

The SEC declared last Friday (25 February) that it will reopen consultation around its Exchange Act Rule 10c-1 proposal relating to trade reporting for securities loans transactions.

It did so in light of its proposed Exchange Act Rule 13f-2 regarding short sale disclosure. This aims to provide greater visibility around short selling activities, particularly the behaviour of “large short sellers”.

On consulting sources in the US market, our understanding was that 10c-1 consultation would reopen until 26 April, or 30 days from the publication of the proposal in the Federal Register, whichever is later.

However, yesterday's announcement in the FR confirms that respondents will have until 1 April to file their comments relating to the 10c-1 Proposed Rule.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Թ Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Short Sale

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →