SEC Reopens Comment Period for Capital, Margin, and Segregation Requirements for Security-Based Swap Dealers and Major Security-Based Swap Participants

The Securities and Exchange Commission today voted to reopen the comment period and request additional comment (including potential modifications to proposed rule language) on the proposed rules and amendments for capital, margin, and segregation requirements for security-based swap dealers and major security-based swap participants and capital requirements for broker-dealers. “Reopening the comment period is an important step forward in standing up the security-based swap regime,” said Chairman Jay Clayton. “We strongly encourage interested persons to submit comments and data for the Commission to consider as the rulemaking process moves forward.” Reopening the comment period will provide interested parties with an opportunity to submit comments that take into account regulatory and market developments since publication of the proposals.