4 Feb 2025
📊SEC Proposes Extension of Information Collection Under Rule 15c3-1
Proposed Collection; Comment Request; Extension: Appendix F to Rule 15c3-1
Summary
The SEC is soliciting comments on the existing collection of information related to Appendix F of Rule 15c3-1, which governs net capital rules for OTC derivatives dealers. The notice highlights compliance requirements and seeks feedback on the proposed information collection process, ensuring its practicality and potential improvements.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text discusses the SEC's proposed collection of information under Rule 15c3-1, which affects OTC derivatives dealers, focusing on their net capital requirements and compliance obligations. This regulation is crucial for business owners and executives involved in derivatives trading as it outlines specific reporting and operational demands that may impact business strategies and costs.