### Question
What is the definition of structured finance swap?


### Answer
The definition of **structured finance swap** is as follows in *15 U.S.C. § 8305*:

> a swap or security-based swap based on an asset-backed security (or group or index primarily comprised of asset-backed securities)

#### Citation:
  - *15 U.S.C. § 8305*
  - Heading: **CHAPTER 109-WALL STREET TRANSPARENCY AND ACCOUNTABILITY > SUBCHAPTER I-REGULATION OF OVER-THE-COUNTER SWAPS MARKETS > Part A-Regulatory Authority**

