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15 U.S. Code § 78m-1. Reporting and recordkeeping for certain security-based swaps
(a) Required reporting of security-based swaps not accepted by any clearing agency or derivatives clearing organization
(1) In generalEach security-based swap that is not accepted for clearing by any clearing agency or derivatives clearing organization shall be reported to—
(A)
a security-based swap data repository described in section 78m(n) of this title; or
(B)
in the case in which there is no security-based swap data repository that would accept the security-based 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 security-based swaps
(A) Security-based swaps entered into before July 21, 2010Each security-based 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 security-based 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 security-based swap entered into before July 21, 2010, as referenced in subparagraph (A).
(C) Effective date
The reporting provisions described in this section shall be effective upon July 21, 2010.