security-based swap dealer
Defined in 3 places across 2 titles of the United States Code.
In general.—The term “security-based swap dealer” means any person who—
(i) holds themself out as a dealer in security-based swaps;
(ii) makes a market in security-based swaps;
(iii) regularly enters into security-based swaps with counterparties as an ordinary course of business for its own account; or
(iv) engages in any activity causing it to be commonly known in the trade as a dealer or market maker in security-based swaps.
Source
- 2011–201415 U.S.C. § 78CCommerce and Trade · Definitions and application · under this chapter
In this subtitle, the terms “prudential regulator”, “swap”, “swap dealer”, “major swap participant”, “swap data repository”, “associated person of a swap dealer or major swap participant”, “eligible contract participant”, “swap execution facility”, “security-based swap”, “security-based swap dealer”, “major security-based swap participant”, and “associated person of a security-based swap dealer or major security-based swap participant” have the meanings given the terms in section 1a of title 7, including any modification of the meanings under section 8321(a) of this title.
Source
- 2010–present15 U.S.C. § 8301Commerce and Trade · Definitions · in this subtitle
The term “security-based swap dealer” has the meaning given the term in section 3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)).
Source
- 2011–present7 U.S.C. § 1AAgriculture · Definitions · as used in this chapter
The term “security-based swap dealer” means any person who—
(i) holds themself out as a dealer in security-based swaps;
(ii) makes a market in security-based swaps;
(iii) regularly enters into security-based swaps with counterparties as an ordinary course of business for its own account; or
(iv) engages in any activity causing it to be commonly known in the trade as a dealer or market maker in security-based swaps.
Source
- 2014–present15 U.S.C. § 78CCommerce and Trade · Definitions and application · under this chapter