23 Jul 2025
📊SEC Notice on Proposed Collection Under Rule 18a-4
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 18a-4
Summary
The SEC is soliciting comments on the proposed collection of information per Rule 18a-4, which sets segregation and notification requirements for non-broker-dealer security-based swap dealers. This rule aims to enhance oversight and accountability in managing customer custodial responsibilities. Comments are invited on various aspects of the information collection.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content outlines compliance requirements under Rule 18a-4 for non-broker-dealer SBSDs regarding segregation of swaps, affecting how businesses manage custodial responsibilities. This impacts operational strategies and may involve costs related to data collection, transparency, and regulatory reporting.