Expect Gensler to push for some remaining Dodd-Frank rule provisions (Compliance Week)

SEC Chairman Gary Gensler has indicated that as part of his agenda he would seek to finalize some of the remaining Dodd-Frank Act rule provisions that have languished for several years. In comments featured, Amy Lynch, FrontLine’s Founder and President, explains that since the environment that created the urgency of Dodd-Frank no longer exists, determining what provisions to pursue should be based on the market risks that are present today. The SEC has in fact announced it established its first security-based swaps data repository as part of enacting Regulation SBSR. Ms. Lynch expects Chairman Gensler to put emphasis on rules to provide an orderly structure to the swaps market that would be transparent and disclosable. She also sees a specific focus on regulation of total return swaps, those instruments utilized in the Archegos Capital debacle earlier this year. See Compliance Week (one free view then subscription required), “A decade later, Dodd-Frank remains unfinished. Will Gary Gensler’s SEC close it out?”