On November 3rd, the SEC published for comment a new rule under the Securities Exchange Act of 1934 intended to prevent fraud, manipulation, and deception in connection with the offer, purchase or sale of any security-based swap, the exercise of any right or performance of any obligation under a security-based swap, or the avoidance of such exercise or performance. Comments should be submitted within 45 days after publication in the Federal Register, which is expected during the week of November 8. SEC Release No. 34-63236; SEC Press Release.