# Federal Register #2026-22493

SEC conditional exemptions from U.S. Treasury repo trade-submission requirements

**Buyer:** Securities and Exchange Commission
**Posted:** November 04, 2026
**Identifier:** 2026-22493

The Securities and Exchange Commission issued a regulatory order providing conditional relief from certain U.S. Treasury repo trade-submission requirements.
- **Government agency:** U.S. Securities and Exchange Commission (SEC).
- **Organizations mentioned:** Institute of International Bankers (IIB) and Securities Industry and Financial Markets Association (SIFMA), which requested relief; neither is identified as a product vendor.
- **Scope:** Qualifying U.S. Treasury repurchase and reverse repurchase transactions involving non-U.S. persons, and aspects of the inter-affiliate exclusion.
- **Notable requirements:** Relief is conditional and subject to a firm-specific threshold or a fixed-dollar threshold of less than $5 billion in market value.
- **Procurement status:** This is a regulatory action, not a procurement or award; no products, services, quantities, or part numbers are requested.

### Description

The Securities and Exchange Commission issued an order granting exemptive relief from the definition of an eligible secondary market transaction in Rule 17ad-22(a). The rule concerns clearing and settlement requirements for certain U.S. Treasury securities repurchase and reverse repurchase transactions. The order addresses requests related to transactions involving non-U.S. persons and the inter-affiliate exclusion. The source does not describe a procurement or solicitation for bidders.

[View original listing](https://www.federalregister.gov/documents/2026/11/04/2026-22493/order-granting-exemptive-relief-pursuant-to-sections-17a-and-36a-of-the-securities-exchange-act-of)