# Security-Based Swap Transactions Connected With a Non-U.S. Person's Dealing Activity That Are Arranged, Negotiated, or Executed by Personnel Located in a U.S. Branch or Office or in a U.S. Branch or Office of an Agent; Security-Based Swap Dealer De Minimis Exception
> **US Securities and Exchange Commission** · Final rule. · Published 2016-02-19 · Effective 2016-04-19 · 81 FR 8598
## Document
- **Document number:** 2016-03178
- **Category:** final-rule
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 81 FR 8598
- **CFR reference:** 17 CFR 240
- **Publication date:** 2016-02-19
- **Effective date:** 2016-04-19
- **Docket:** Release No. 34-77104
## Abstract

The Securities and Exchange Commission ("SEC" or "Commission") is adopting amendments to Exchange Act rules 3a71-3 and 3a71-5 that address the application of the de minimis exception to security-based swap transactions connected with a non-U.S. person's security-based swap dealing activity that are arranged, negotiated, or executed by personnel of such person located in a U.S. branch or office, or by personnel of such person's agent, located in a U.S. branch or office.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2016/02/19/2016-03178/security-based-swap-transactions-connected-with-a-non-us-persons-dealing-activity-that-are-arranged)
---
*AI Analytics · CC0 1.0*