On Sep. 18, RUS CB amended non-credit company reporting rules.
RUS CB proposed ordinance amending ord 6282-U on the volume, forms, terms and procedure for compiling and submitting to RUS CB the statements of professional participants in the securities market, trade organizers and clearing organizations, as well as other information.
Consultation documents are only available on RUS CB website until comment deadline.
Summary
Proposed amendments are necessary to exclude certain indicators from reporting based on regulatory changes and reduce regulatory burden on supervised companies.
Also, the ordinance includes clarifying adjustments to the procedures for compiling and submitting specific reporting forms to RUS CB, as established by ord 6282-U.
The proposed amendments are related to the refinement of RUS CB's XBRL taxonomy.
Effectiveness
Comments and feedback are expected by Oct. 2, 2023.
Nov. 2024 Ord Issued
On Nov. 6, 2024, RUS CB issued ord 6793-U amending ordinance 6282-U on the volume, forms, terms and procedure for compiling and submitting to RUS CB the statements of professional participants in the securities market, trade organizers and clearing organizations, as well as other information and enters into force Jan. 1, 2025.
Regulators
RUS CB
Entity Types
B/D; Bank; Exch; IA; Inv Co
Reference
PR 1/6/2024; Ord 6793-U, 6/28/2024; CP, 9/18/2023; Ord 6282-U, 9/30/2022
