CFTCGeneralJune 24, 2026

CFTC & SEC Seek Input on Overhauling Swap Data Reporting Rules

The CFTC and SEC are jointly requesting public comment on potential changes to how swap and security-based swap data must be reported. Crypto derivatives and tokenized swap products may fall within scope, making this relevant to exchanges and broker-dealers dealing in digital asset derivatives. Compliance officers should monitor whether proposed changes affect reporting obligations for crypto-linked swaps.

What to do

Review your current swap and security-based swap data reporting workflows and consider submitting a comment letter addressing how any rule changes would affect crypto or digital asset derivative products.

Who this affects

Crypto ExchangeBroker-Dealer / RIAOther

Does this affect your program?

Pick your institution type for an instant read on whether you're in scope — then see exactly which sections of your own policies this changes.

Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

Related developments

Federal Reserve

Multi-Agency Final Rule Sets Common Data Standards for Financial Regulators

Nine federal financial regulators — including OCC, FDIC, CFTC, SEC, and Treasury — finalized a joint rule establishing interoperable data standards for regulatory reporting under the Financial Data Transparency Act of 2022. No reporting requirements change immediately; future rulemakings will incorporate these standards into specific collections. Compliance teams should track follow-on rulemakings, as this framework will eventually affect how regulated entities submit data to multiple agencies.

SEC

SEC & CFTC Seek Input on Overhauling Swap Data Reporting Rules

This is the SEC-side publication of the same joint CFTC/SEC request for comment on redesigning swap and security-based swap data reporting requirements. Crypto exchanges and broker-dealers offering digital asset derivatives should track this rulemaking closely as it could reshape trade reporting obligations. The comment period represents an opportunity to influence how crypto-linked instruments are treated.

CFTC

CFTC & SEC Ask How to Clarify 'Swap' Definition for Innovative Products

The CFTC and SEC are seeking comment on how to draw clearer regulatory lines between swaps and security-based swaps, particularly for innovative products that may implicate both agencies' jurisdiction. This is directly relevant to crypto firms offering derivative or hybrid digital asset products that could be classified as swaps or securities. The request also covers alternative compliance pathways, which could benefit crypto-native firms.

SEC

SEC Opens Review of VanEck JitoSOL (Solana Staking) ETF Listing on Nasdaq

The SEC has opened formal proceedings to determine whether to approve or disapprove Nasdaq's proposal to list and trade shares of the VanEck JitoSOL ETF, a commodity-based trust tied to a Solana liquid staking token. This signals the SEC is subjecting staking-based crypto ETF structures to heightened scrutiny, beyond standard Bitcoin/Ethereum spot ETF precedents. Compliance officers at exchanges, custodians, and broker-dealers should monitor this closely as it may shape how staked digital asset products are classified and regulated.

Stay ahead of every rule change

PliOS monitors FinCEN, OCC, OFAC, the SEC and CFTC and tells you which of your policies each new rule affects — with the edit already drafted. Start free.

Run My Free Assessment