Person Associated With a Security Based Swap Dealer Law and Legal Definition

The term "person associated with a security-based swap dealer or major security-based swap participant" or "associated person of a security-based swap dealer or major security-based swap participant" means:

a. any partner, officer, director, or branch manager of such security-based swap dealer or major security-based swap participant (or any person occupying a similar status or performing similar functions);

b. any person directly or indirectly controlling, controlled by, or under common control with such security-based swap dealer or major security-based swap participant; or

c. any employee of such security-based swap dealer or major security-based swap participant. [15 USCS § 78c].