19 Sep 2025
📄Compliance Requirements Under Rule 194 for SBS Entities
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 194
Summary
The SEC announces a request for OMB review concerning Rule 194, which outlines processes for security-based swap dealers and major participants involving statutorily disqualified individuals. The notice specifies information collection requirements, outlines application procedures, and discusses the expected burden on SBS entities involved in regulatory compliance.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document discusses compliance requirements under Rule 194 for SBS entities seeking to involve disqualified persons in security-based swaps. This affects business executives who must navigate these regulations to ensure legal compliance and maintain operational integrity.