White House Reviews SEC, CFTC Swaps Reporting Overhaul in Prerule Stage

1 articles · Updated · Bloomberg · Jun 1

OMB posted the SEC and CFTC plan for a swaps and security-based swaps reporting overhaul as a prerule action under White House review.
The early-stage step would let both regulators gather public input before formally proposing a rule, signaling a coordinated rewrite rather than an immediate mandate.
The effort centers on revisiting reporting requirements for both swaps markets as the SEC and CFTC push to better align their oversight.

How will unified SEC-CFTC rules finally bring order to the volatile world of crypto derivatives?

Will the massive overhaul of swaps reporting make markets safer or simply more costly for everyone?

As regulators demand more data, will AI solve compliance challenges or create new, hidden systemic risks?