The Securities and Exchange Commission approved amendments and guidance to rules regarding the reporting and public dissemination of security-based swap transactions. Among other things, the new rules require a national securities exchange or security-based swap execution facility to report any security-based swap executed on its platform that will be cleared, and require a registered clearing agency to report any security-based swap to which it is a direct counterparty. The SEC also issued a phased-in compliance schedule for its new amendments and guidance.