# Application of “Security-Based Swap Dealer” and “Major Security-Based Swap Participant” Definitions to Cross-Border Security-Based Swap Activities
> **US Securities and Exchange Commission** · Final rules; interpretation. · Published 2014-07-09 · Effective 2014-09-08 · 79 FR 39068
## Document
- **Document number:** 2014-15337
- **Category:** final-rule
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 79 FR 39068
- **CFR reference:** 17 CFR 240
- **Publication date:** 2014-07-09
- **Effective date:** 2014-09-08
- **Docket:** Release No. 34-72472
## Abstract

The Securities and Exchange Commission ("SEC" or "Commission") is adopting rules and providing guidance to address the application of certain provisions of the Securities Exchange Act of 1934 ("Exchange Act") that were added by Subtitle B of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd- Frank Act"), to cross-border security-based swap activities. These rules and guidance in large part focus on the application of the Title VII definitions of "security-based swap dealer" and "major security- based swap participant" in the cross-border context. The Commission also is adopting a procedural rule related to the submission of applications for substituted compliance. In addition, the Commission is adopting a rule addressing the scope of our authority, with respect to enforcement proceedings, under section 929P of the Dodd-Frank Act.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2014/07/09/2014-15337/application-of-security-based-swap-dealer-and-major-security-based-swap-participant-definitions-to)
---
*AI Analytics · CC0 1.0*