SEC and CFTC seek public input on data reporting frameworks for security-based swaps and swap markets

SEC and FINRA regulation defines the rules of the game in the OTC markets. This news may impact disclosure, enforcement or market access for companies and retail investors. ## Summary SEC and CFTC Seek Public Input on Data Reporting Frameworks for Security-Based Swaps and Swap Markets The Securities and Exchange Commission and the Commodity Futures Trading Commission today issued a joint request for public comments on potential opportunities to harmonize, modernize, and streamline data reporting requirements in their regulatory… ## Why it is relevant for OTC investors - Impact on SEC/FINRA disclosure, reporting or enforcement - Possible effects on broker-dealers and retail access to the OTC market - Correlation with recent filings of companies on the watchlist ## What to check before operating - Tier and official profile on otcmarkets.com - Recent SEC filings (10-K, 10-Q, 8-K) or international equivalents - Average volume, bid-ask spread and compatibility with position size - Consistency of the news with verifiable data, not just headlines or social media ## OTC Venture Context Venture OTC aggregates and processes news from external sources for information purposes. The text does…