Amendment narrows the scope of the provisions in the bill to ensure that only swap data, and not any other data, held by an SDR is required to be shared with other regulators. Amendment also ensures that the language in the Securities Exchange Act and the Commodity Exchange Act mirror each other.

1. Rewrites page 27, line 4 through page 28, line 2

   ReplacesPrinted page

   Removes page 27, line 4 through page 28, line 2 of the printed bill. See that page

   Inserted: (b) Swap Data Repositories.--Section 21 of such Act (7 U.S.C. 24a) is amended--

   Inserted: (1) in subsection (c)(7)--

   Inserted: (A) in the matter preceding subparagraph (A), by striking "all" and inserting "swap"; and

   Inserted: (B) in subparagraph (E)--

   Inserted: (i) in clause (ii), by striking "and" at the end; and

   Inserted: (ii) by adding at the end the following:

   Inserted: "(iv) other foreign authorities; and"; and

   Inserted: (2) by striking subsection (d) and inserting the following:

   Inserted: "(d) Confidentiality Agreement.--Before the swap data repository may share information with any entity described in subsection (c)(7), the swap data repository shall receive a written agreement from each entity stating that the entity shall abide by the confidentiality requirements described in section 8 relating to the information on swap transactions that is provided.".

   Inserted: (c) Security-based Swap Data Repositories.--Section 13(n)(5) of the Securities Exchange Act of 1934 25 (15 U.S.C. 78m(n)(5)) is amended--

   Inserted: (1) in subparagraph (G)--

   Inserted: (A) in the matter preceding clause (i), by striking "all" and inserting "security-based swap"; and

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   Inserted: (B) in subclause (v)--

   Inserted: (i) in subclause (II), by striking "; and" and inserting a semicolon;

   Inserted: (ii) in subclause (III), by striking the period at the end and inserting "; and"; and

   Inserted: (iii) by adding at the end the following:

   Inserted: "(IV) other foreign authorities."; and

   Inserted: (2) by striking subparagraph (H) and inserting the following:

   Inserted: "(H) Confidentiality agreement.--Before the security-based swap data repository may share information with any entity described in subparagraph (G), the security-based swap data repository shall receive a written agreement from each entity stating that the entity shall abide by the confidentiality requirements described in section 24 relating to the information on security-based swap transactions that is provided.".

   Inserted: (d) Effective Date.--The amendments made by this section shall take effect as if enacted on July 21, 2010.

   Original wording

   Page 27, strike line 4 and all that follows through page 28, line 2, and insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed