SEC Waives Rules So Swap Firms Can Hire Folks with Rap Sheets
Published Date: 9/19/2025
Notice
Summary
The SEC is asking to keep Rule 194’s paperwork rules going, which help certain financial firms get permission for people with legal issues to work on security-based swaps. This mainly affects 55 swap dealers and a few people each year, with little impact on time or money. The rule’s extension means these firms must keep filing applications or notices when needed, keeping things clear and fair.
No Economic Impacts Identified for this Document
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