On July 22, the Commodity Futures Trading Commission announced that it is extending the comment period for the proposal to improve data quality and streamline regulations for swap data reporting until October 28.
The proposed amendments would update requirements for correcting swap data errors and omissions and for swap data repositories to verify swap data with reporting counterparties. The proposed amendments also update and clarify certain swap data repositories operational and governance requirements.
The original comment period for the proposed rulemaking was set to expire on July 29.
Notice of the extension is available in the Federal Register, here.