The SEC announced that it will hold an open meeting on June 25, 2014 to consider whether to adopt rules regarding the application of the definitions of “security-based swap dealer” and “major security-based swap participant” to Cross-Border Security-Based Swap Activities under the Securities Exchange Act and Dodd-Frank Title VII.
The SEC proposed the rules concerning Cross-Border Security-Based Swap Activities in May 2013.
See: SEC Announcement of Meeting; Proposed Rules.
Related news: SEC Proposal on Cross-Border Security-Based Swaps (with Commissioners’ Comments) (May 2, 2013); SEC-Proposed Rules for Security-Based Swap Dealers and Major Participants (Fed. Reg.) (May 5, 2014).