Federal · Title 7 — Agriculture
7 U.S.C. § 6r: Reporting and recordkeeping for uncleared swaps
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a swap data repository described in section 24a of this title ; or 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. 30 days after issuance of the interim final rule; or such other period as the Commission determines to be appropriate. 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 . The reporting provisions described in this section shall be effective upon the enactment of this section. With respect to a swap in which only 1 counterparty is a swap dealer or major swap participant, the swap dealer or major swap participant shall report the swap as required under paragraphs (1) and (2). With respect to a swap in which 1 counterparty is a swap dealer and the other a major swap participant, the swap dealer shall report the swap as required under paragraphs (1) and (2). With respect to any other swap not described in subparagraph (A) or (B), the counterparties to the swap shall select a counterparty to report the swap as required under paragraphs (1) and (2). clear the swap in accordance with section 2(h)(1) of this title ; or have the data regarding the swap accepted by a swap data repository in accordance with rules (including timeframes) adopted by the Commission under section 24a of this title . upon written request from the Commission, provide reports regarding the swaps held by the individual or entity to the Commission in such form and in such manner as the Commission may request; and any representative of the Commission; an appropriate prudential regulator; the Securities and Exchange Commission; the Financial Stability Oversight Council; and the Department of Justice. In prescribing rules under this section, the Commission shall require individuals and entities described in subsection (b) to submit to the Commission a report that contains data that is not less comprehensive than the data required to be collected by swap data repositories under section 24a of this title .
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