Swap Dealer (SD) Members
A swap dealer (SD) is an entity that holds itself out as a dealer in swaps; makes a market in swaps; regularly enters into swaps with counterparties as an ordinary course of business for its own account; or engages in any activity causing the entity to be commonly known in the trade as a dealer or market maker in swaps. See CFTC Regulation 1.3 (ggg) for exceptions and limitations.
Currently, there are no major swap participant (MSP) Members. To register as an SD, visit the SD registration page.
SD Member NoticesView Notices about SD Member Notices
SD Education and TrainingSee Resources for SD Education and Training
NFA RulebookRead Rulebook
View SD Regulatory Obligations
Electronic Filing Systems
Access NFA's Electronic Filing Systems
View Information about SD Filing Requirements
View Information on SD Examinations
Member arbitration is designed for disputes between and among NFA Members and Associates. If you are an NFA Member and your dispute involves another NFA Member, consider NFA Member arbitration.
Access the SD registry for a list of SDs and their CFTC registration status.