25 Sep 2025
📑SEC Notice
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 18a-4
Summary
The SEC is submitting a request for an extension of information collection activities related to Rule 18a-4, which mandates segregation requirements for security-based swap transactions. The rule affects non-broker-dealer security-based swap dealers and participants by requiring reporting and compliance to ensure custodial responsibilities towards customers are met.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines mandatory compliance and reporting requirements under Rule 18a-4 related to security-based swap transactions, which affects non-broker-dealer security-based swap dealers and participants. This impacts how businesses manage their custodial responsibilities and could influence operational costs and regulatory scrutiny.