§ 78c–1. Swap agreements
436 words·~2 min read·
/usc/title-15/section-78c-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The definition of “security” in section 78c(a)(10) of this title does not include any security-based swap agreement. The Commission is prohibited from registering, or requiring, recommending, or suggesting, the registration under this chapter of any security-based swap agreement. If the Commission becomes aware that a registrant has filed a registration application with respect to such a swap agreement, the Commission shall promptly so notify the registrant. Any such registration with respect to such a swap agreement shall be void and of no force or effect.
Except as provided in section 78p(a) of this title with respect to reporting requirements, the Commission is prohibited from— promulgating, interpreting, or enforcing rules; or issuing orders of general applicability; under this chapter in a manner that imposes or specifies reporting or recordkeeping requirements, procedures, or standards as prophylactic measures against fraud, manipulation, or insider trading with respect to any security-based swap agreement. References in this chapter to the “purchase” or “sale” of a security-based swap agreement shall be deemed to mean the execution, termination (prior to its scheduled maturity date), assignment, exchange, or similar transfer or conveyance of, or extinguishing of rights or obligations under, a security-based swap agreement, as the context may require.
( June 6, 1934, ch. 404 , title I, § 3A, as added Pub. L. 106–554, § 1(a)(5) [title III, § 303(a)] , Dec. 21, 2000 , 114 Stat. 2763 , 2763A–452; amended Pub. L. 111–203, title VII, § 762(d)(1) , July 21, 2010 , 124 Stat. 1760 .)
Connections22 cite this
Cited by 22 sections · top 18
register
- Rules and RegulationsExemptive order
- NoticesSECURITIES AND EXCHANGE COMMISSION
- NoticesNotice
- NoticesSECURITIES AND EXCHANGE COMMISSION
- NoticesJoint final rule; interpretations; request for comment on an interpretation
- Proposed RulesProposed rule
- NoticesSECURITIES AND EXCHANGE COMMISSION
- Rules and RegulationsInterim final rule; extension
- Rules and RegulationsJoint proposed rule; proposed interpretations
- Rules and RegulationsFinal rule
- NoticesSECURITIES AND EXCHANGE COMMISSION
- NoticesSECURITIES AND EXCHANGE COMMISSION
- NoticesExemptive order; request for comment
- NoticesTemporary order and notice of application for a permanent order under section 9(c) of the Investment Company Act of 1940 (the “Act”)
- Rules and RegulationsInterim final rules; request for comments
- Rules and RegulationsInterim final rule; extension
- Rules and RegulationsInterim final rule
statute-compilations
4 references not yet in our index
- Pub. L. 106-554
- 114 Stat. 2763
- Pub. L. 111-203
- 124 Stat. 1760
Citation graph
cites case law
§ 78c–1
Swap agreements
Fed. Reg.×21
Stat. Comp.×1
Pub. L.Pub. L. 106-554
Stat.114 Stat. 2763
Pub. L.Pub. L. 111-203
Stat.124 Stat. 1760
Cites 4Cited by 22 across 2 sources