Applications and Notices by Security-Based Swap Dealers or Major Security-Based Swap Participants for Statutorily Disqualified Associated Persons to Effect or Be Involved in Effecting Security-Based Swap Transactions (Rule of Practice 194)

Rule of Practice 194 provides a process for a registered security-based swap dealer or major security-based swap participant to apply to the Commission for relief from the statutory disqualification prohibition found in Exchange Act Section 15F(b)(6) or, where certain conditions are met, to file a notice with the Commission in lieu of an application.

This webpage provides further staff information for the filing of Rule 194 applications and notices. Commission orders granting or denying Rule 194 applications and Rule 194 notices filed with the Commission are posted publicly below.

Staff Information for Filers

The following staff information is being provided to assist potential filers of applications and notices under Rule 194. Filers are encouraged to contact the staff at by telephone at 202-551-5777 or by email at tradingandmarkets@sec.gov with any questions regarding the filing process.

• Staff FAQs — Frequently Asked Questions Regarding Submission of Applications and Notices In Lieu of Applications Pursuant to Commission Rule of Practice 194 (“Rule 194”) (NEW!)
• Fact Sheet — Applications by Security-Based Swap Dealers or Major Security-Based Swap Participants for Statutorily Disqualified Associated Persons to Effect or Be Involved in Effecting Security-Based Swap Transactions
• Final Rule Adopting Release — Applications by Security-Based Swap Dealers or Major Security-Based Swap Participants for Statutorily Disqualified Associated Persons to Effect or be Involved in Effecting Security-Based Swaps

Orders Granting or Denying Rule 194 Applications and Rule 194 Notices