19 Sep 2025
📈SEC Notice on Information Collection Activities for Rule 18a-1
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 18a-1
Summary
The SEC is submitting a request for an extension of information collection activities under Rule 18a-1, which establishes net capital requirements and risk management standards for stand-alone security-based swap dealers. This notice includes details on compliance obligations and estimated burdens associated with the rule's implementation.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The content addresses compliance and regulatory requirements under Rule 18a-1, affecting nonbank security-based swap dealers. These firms must meet net capital mandates and internal risk management protocols, which can impose significant operational burdens and costs, impacting financial stability.