15 Jul 2025

📈SEC Proposes Collection for Rule 18a-1 Compliance

Proposed Collection; Comment Request; Extension: Rule 18a-1

Summary ?

The SEC is soliciting comments on proposed information collection under Rule 18a-1, which governs net capital requirements for stand-alone security-based swap dealers. The rule mandates risk management protocols and specifies documentation related to equity withdrawals and subordinated loans, aimed at ensuring sufficient liquidity and orderly liquidation in case of default.

Agencies

  • Securities and Exchange Commission

Business Impact ?

$$$ - High

The text outlines Rule 18a-1, which sets capital requirements for nonbank security-based swap dealers (SBSDs), necessitating compliance and risk management. Business owners must align their practices with SEC regulations to avoid penalties, impacting operational strategies and potential costs related to compliance.

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