2025-22950Notice

SEC Extends Financial Firm Reporting Rule: Yawn, Business as Usual

Published Date: 12/16/2025

Notice

Summary

The SEC is asking for comments on extending a rule that makes certain financial dealers confirm and verify their trades quickly to keep the market running smoothly. About 48 security-based swap dealers must follow this rule, which takes around 22,848 hours total each year. No big changes or extra costs are expected, but the SEC wants to hear ideas on making the process easier and clearer.

No Economic Impacts Identified for this Document

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Key Dates

Published Date
12/16/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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