Rule 18a-8 – Notification Provisions for Security-Based Swap Dealers and Major Security-Based Swap Participants

Exchange Act Rule 18a-8, as adopted, specifies the circumstances under which stand-alone SBSDs, stand-alone MSBSPs, bank SBSDs, and bank MSBSPs must notify the Commission about its financial or operational condition, as well as the form that the notice must take. 18a-8 is modeled on Exchange Act Rule 17a-11, as proposed to be amended, which applies to broker-dealers, but Rule 18a-8 does not include a parallel requirement for every requirement in Rule 17a‑11 because some of the Rule 17a-11 notices relate to calculations that would not be relevant to stand-alone SBSDs, stand-alone MSBSPs, bank SBSDs, and bank MSBSPs.

The latest form for Rule 18a-8 – Notification Provisions for Security-Based Swap Dealers and Major Security-Based Swap Participants expires 2027-07-31 and can be found here.