4 Feb 2025
📈SEC Grants Registration for New Security-Based Swap Execution Facilities
Order Granting Registration of Security-Based Swap Execution Facilities
Summary
The Securities and Exchange Commission has approved the registration of eight entities as Security-Based Swap Execution Facilities (SBSEFs). This document outlines the compliance requirements these facilities must adhere to, including adherence to specific regulatory rules and statutory core principles designed to ensure market integrity and transparency.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines the SEC's registration and compliance requirements for Security-Based Swap Execution Facilities (SBSEFs). Businesses operating or looking to operate in this sector must meet these regulations, which include compliance with 14 Core Principles. The potential denial of registration based on non-compliance could significantly impact business operations.