{"abstract":"In accordance with Section 764 of Title VII (\"Title VII\") of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the \"Dodd-Frank Act\"), the Securities and Exchange Commission (\"SEC\" or \"Commission\") is adopting new rules under the Securities Exchange Act of 1934 (\"Exchange Act\") that are intended to implement provisions of Title VII relating to business conduct standards and the designation of a chief compliance officer for security-based swap dealers and major security-based swap participants. The final rules also address the cross-border application of the rules and the availability of substituted compliance.","action":"Final rule.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2016/05/13/2016-10918.html","cfr_references":[{"chapter":null,"citation_url":null,"part":240,"title":17}],"citation":"81 FR 29960","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: July 12, 2016.","disposition_notes":null,"docket_ids":["Release No. 34-77617","File No. S7-25-11"],"dockets":[],"document_number":"2016-10918","effective_on":"2016-07-12","end_page":30151,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2016/05/13/2016-10918.xml","html_url":"https://www.federalregister.gov/documents/2016/05/13/2016-10918/business-conduct-standards-for-security-based-swap-dealers-and-major-security-based-swap","images":{"ER13MY16.002":{"large":"https://img.federalregister.gov/ER13MY16.002/ER13MY16.002_large.png","original_size":"https://img.federalregister.gov/ER13MY16.002/ER13MY16.002_original_size.png"},"ER13MY16.000":{"large":"https://img.federalregister.gov/ER13MY16.000/ER13MY16.000_large.png","original_size":"https://img.federalregister.gov/ER13MY16.000/ER13MY16.000_original_size.png"},"ER13MY16.001":{"large":"https://img.federalregister.gov/ER13MY16.001/ER13MY16.001_large.png","original_size":"https://img.federalregister.gov/ER13MY16.001/ER13MY16.001_original_size.png"}},"images_metadata":{"ER13MY16.002":{"large":{"identifier":"ER13MY16.002","content_type":"image/png","size":36375,"width":822,"sha":"1302bb3ae9eed68e7be4917539727be2","url":"https://img.federalregister.gov/ER13MY16.002/ER13MY16.002_large.png","height":576},"original_size":{"identifier":"ER13MY16.002","content_type":"image/png","size":179596,"width":3575,"sha":"fb35cbb787648d3eb0b626acb23bede2","url":"https://img.federalregister.gov/ER13MY16.002/ER13MY16.002_original_size.png","height":2504}},"ER13MY16.000":{"large":{"identifier":"ER13MY16.000","content_type":"image/png","size":65136,"width":823,"sha":"75bd196fcdceb86e64d086f481e2343e","url":"https://img.federalregister.gov/ER13MY16.000/ER13MY16.000_large.png","height":699},"original_size":{"identifier":"ER13MY16.000","content_type":"image/png","size":174347,"width":3500,"sha":"3e32c5f977d5647d5d236efa4edc80c4","url":"https://img.federalregister.gov/ER13MY16.000/ER13MY16.000_original_size.png","height":2973}},"ER13MY16.001":{"large":{"identifier":"ER13MY16.001","content_type":"image/png","size":35461,"width":823,"sha":"59825a544b1b5be6c2cd6b0c8ceeeb80","url":"https://img.federalregister.gov/ER13MY16.001/ER13MY16.001_large.png","height":565},"original_size":{"identifier":"ER13MY16.001","content_type":"image/png","size":160968,"width":3598,"sha":"95095528136abf353a52453d47d7fb9f","url":"https://img.federalregister.gov/ER13MY16.001/ER13MY16.001_original_size.png","height":2471}}},"json_url":"https://www.federalregister.gov/api/v1/documents/2016-10918?publication_date=2016-05-13","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2016-05-13/2016-10918/mods.xml","not_received_for_publication":null,"page_length":192,"page_views":{"count":5918,"last_updated":"2026-09-20 12:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2016-05-13/pdf/2016-10918.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2016-10918.pdf?1463057123","publication_date":"2016-05-13","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2016/05/13/2016-10918.txt","regulation_id_number_info":{"3235-AL10":{"issue":"201604","html_url":"https://www.federalregister.gov/regulations/3235-AL10/business-conduct-standards-for-security-based-swap-dealers-and-major-security-based-swap-participant","title":"Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based Swap Participants","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201604&RIN=3235-AL10&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3235-AL10"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2016-06-02T06:00:12Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":29960,"subtype":null,"title":"Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based Swap Participants","toc_doc":"Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based Swap Participants","toc_subject":null,"topics":["Brokers","Reporting and recordkeeping requirements","Securities"],"type":"Rule","volume":81}