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Regulators Issue Final Joint Rule for FDTA
The Covered Agencies involved in the implementation of the Financial Data Transparency Act (“FDTA”) have finalized their phase one joint standard setting process.
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By Brian Egan, Chief Policy Officer, NABL
On June 8, 2026, the Covered Agencies[1] involved in phase one implementation of the Financial Data Transparency Act (“FDTA”) promulgated their Final Joint Rule on the matter. The Final Joint Rule, which is dated to take effect on October 1, 2026, substantively retains the framework of the earlier Proposed Joint Rule released in July 2024, while making several notable changes, including declining to adopt FIGI as a common financial instrument identifier.