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  • 0180. Application of Rules to Security-Based Swaps

    (a) The Rules shall not apply to members' activities and positions with respect to security-based swaps, except for the following:
    (1) FINRA Rule 2010;
    (2) FINRA Rule 2020;
    (3) FINRA Rule 3310; and
    (4) FINRA Rule 4240.
    (b) The following Rules shall apply to members' activities and positions with respect to security-based swaps only to the extent they would have applied as of July 15, 2011:
    (1) NASD Rule 3110 and all successor FINRA Rules to such NASD Rule;
    (2) the FINRA Rule 4500 Series; and
    (3) the FINRA Rule 4100 Series.
    (c) The following Rules shall apply as necessary to effectuate members' compliance with paragraphs (a) and (b) of this Rule:
    (1) the FINRA Rule 0100 Series;
    (2) the NASD Rule 1000 Series and all successor FINRA Rules to such NASD Rule Series;
    (3) the FINRA Rule 1000 and 1100 Series;
    (4) NASD Rules 3010 and 3012 and IM-3010-1 and all successor FINRA Rules to such NASD Rules and Interpretive Material;
    (5) FINRA Rule 3130;
    (6) the FINRA Rule 8000 Series; and
    (7) the FINRA Rule 9000 Series.
    (d) This Rule shall expire on February 12, 2019.

    • • • Supplementary Material: --------------

    .01 Definition of Security-Based Swaps. For purposes of this Rule, "security-based swap" shall be as defined pursuant to Exchange Act Section 3(a)(68) and the rules and guidance of the SEC or its staff.

    Amended by SR-FINRA-2018-001 eff. Feb. 12, 2018.
    Amended by SR-FINRA-2017-001 eff. Feb. 11, 2017.
    Amended by SR-FINRA-2016-001 eff. Feb. 11, 2016.
    Amended by SR-FINRA-2015-001 eff. Feb. 11, 2015.
    Amended by SR-FINRA-2014-001 eff. Feb. 11, 2014.
    Amended by SR-FINRA-2013-019 eff. July 17, 2013.
    Amended by SR-FINRA-2012-056 eff. Dec. 12, 2012.
    Amended by SR-FINRA-2012-004 eff. Jan. 13, 2012.
    Adopted by SR-FINRA-2011-033 eff. July 8, 2011.