SEC wrapping up its derivatives rules with latest proposal

The Securities and Exchange Commission voted unanimously to propose capital, margin and segregation requirements for security-based swap dealers and major security-based swap participants. This announcement marks a milestone for the SEC in that it has proposed — or in some cases adopted — substantially all of the rules required by Title VII of the Dodd-Frank Act. The rules together create the new regulatory regime for derivatives under the SEC. Read on for details on the latest proposal.