Don't show this message again
7 U.S. Code § 6r. Reporting and recordkeeping for uncleared swaps
(a) Required reporting of swaps not accepted by any derivatives clearing organization
(1) In generalEach swap that is not accepted for clearing by any derivatives clearing organization shall be reported to—
(A)
a swap data repository described in section 24a of this title; or
(B)
in the case in which there is no swap data repository that would accept the swap, to the Commission pursuant to this section within such time period as the Commission may by rule or regulation prescribe.
(2) Transition rule for preenactment swaps
(A) Swaps entered into before July 21, 2010Each swap entered into before July 21, 2010, the terms of which have not expired as of July 21, 2010, shall be reported to a registered swap data repository or the Commission by a date that is not later than—
(i)
30 days after issuance of the interim final rule; or
(ii)
such other period as the Commission determines to be appropriate.
(B) Commission rulemaking
The Commission shall promulgate an interim final rule within 90 days of July 21, 2010, providing for the reporting of each swap entered into before July 21, 2010.
(C) Effective date
The reporting provisions described in this section shall be effective upon the enactment of this section.