Federal Register #S7-2026-14

SEC Requests Public Comment on Definitions of Security-Based Swap Dealer and Major Security-Based Swap Participant

This opportunity is a regulatory request for public comment from the Securities and Exchange Commission (SEC) regarding definitions and thresholds for security-based swap dealers and major security-based swap participants. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - SEC is the only agency and entity mentioned; no commercial OEMs or vendors are involved - Products/Services Requested: - No products or services are being procured - The notice seeks public input on regulatory definitions and thresholds for security-based swap dealers and major security-based swap participants - Unique or Notable Requirements: - Focuses on exceptions for entities with de minimis swap dealing activity - Outlines current and potential future thresholds for regulatory designation - Opportunity is for public comment, not procurement or acquisition of goods/services

Description

The Securities and Exchange Commission has published a staff report examining the definitions of "security-based swap dealer" and "major security-based swap participant." The report discusses exceptions from designation as a security-based swap dealer for entities engaging in de minimis quantities of security-based swap dealing, and thresholds below which an entity would not become a major security-based swap participant. The Commission may, after considering public comments, either terminate the phase-in period for de minimis thresholds or propose different thresholds through rulemaking. The public is invited to comment on the report by July 6, 2026.

View original listing