SEC Establishes Joint Data Standards Under FDTA
The U.S. Securities and Exchange Commission has established joint data standards under the Financial Data Transparency Act of 2022. The announcement was made in a press release dated June 8, 2026, carrying release number 2026-53.
Highlights
- The SEC established joint data standards under the Financial Data Transparency Act of 2022.
- Technical specifications for data flowing into a set of financial regulators are laid out in the final rule.
- By defining shared identifiers covering entities, places, dates, and select products and currencies, the standards aim to make regulatory data usable across agency lines.
- Among the components is a principles-based standard on how data is transmitted and formatted, meant to let institutions file machine-readable, high-quality submissions.
Scope of the Final Rule
Technical specifications for data flowing into a set of financial regulators are laid out in the final rule. By defining shared identifiers covering entities, places, dates, and select products and currencies, the standards aim to make regulatory data usable across agency lines. Among the components is a principles-based standard on how data is transmitted and formatted, meant to let institutions file machine-readable, high-quality submissions.
Agencies Involved
Adoption of the joint standards is either complete or anticipated at the Federal Deposit Insurance Corporation. Adoption of the joint standards is either complete or anticipated at the Federal Housing Finance Agency. Adoption of the joint standards is either complete or anticipated at the Department of the Treasury. Adoption of the joint standards is either complete or anticipated at the National Credit Union Administration. Adoption of the joint standards is either complete or anticipated at the Commodity Futures Trading Commission. Adoption of the joint standards is either complete or anticipated at the Consumer Financial Protection Bureau. Adoption of the joint standards is either complete or anticipated at the Board of Governors of the Federal Reserve System. Adoption of the joint standards is either complete or anticipated at the Office of the Comptroller of the Currency.
- Federal Deposit Insurance Corporation
- Federal Housing Finance Agency
- Department of the Treasury
- National Credit Union Administration
- Commodity Futures Trading Commission
- Consumer Financial Protection Bureau
- Board of Governors of the Federal Reserve System
- Office of the Comptroller of the Currency
Official Statements
According to the announcement, consistent collection under the shared standards should lighten burdens on financial institutions while opening data up to investors.
Officials framed the move as an opening step in rolling the FDTA out across federal financial regulators.