This work is based on the analysis of 420 planktonic samples of 7 oceanopraphic cruises distributed over the Argentine, Uruguayan and South brasilian continental shelf (SW Atlantic ocean), as well as from some oceanic sectors, adjacent to the continental slope. Vertical hauls were performed in all stations from 100 m depth to surface, except in the Walter Herwig cruise (where vertical hauls were predominantly performed out of slope sectors, between 300 and 500 m depth to surface) and Productividad cruise in which only surface waters were hauled. A list of 27 species are determined, corresponding to 5 families: Iospilidae (3 species), Lopadorrhynchidae (4), Alciopidae (9), Typhloscolecidae (5) and Tomopteridae (6). Larvae and epitokous forms of benthonic species are not taken into account. The genus Iospilus is revised, Pariospilus and Iospilopsis being considered their synonyms; the identity of Pariospilus affinis Viguier is maintained, being transferred to the genus Iospilus. The species Vanadis studeri Apstein is redescribed and its synonymy is established. The taxonomic value of the apical glands of Tomopteris species is discussed and some specimens are found to coincide with T. kefersteini in relation to the mentioned glands. All the species found in this work are described and illustrated, a systematic key being added for their identification. Considering the vertical nature of the hauls, it was not possible to specify the habitats of the different species; for this reason they are grouped as species from subtropical and subantartic areas of influence. The first group, made up of 17 species, shows and evident graduation in its latitudinal distribution, some of them being more restricted in their distribution than the others. The second group, of 4 species, is found south to the tropical convergence, in transitional waters, towards cold sectors. The third group, of 6 species, is found to be distributed all along the continental shelf, in subtropical and subantartic regions, and extending their distribution northwards, possibly related to deep water levels. The general scheme is coincident with the distribution of other planktonic groups (Copepods, Euphausiids). As a general feature, neither coastal nor shelf water specimens of pelagic Polychaeta were found, with exception of T. septentrionalis. A comparison with the results in Tebble's paper (1960) in the southwest Atlantic ocean is made, 12 of our species being coincidently found in the same hydrological area by that author. The drift of the main water masses of the South Atlantic ocean is accepted as a possible cause for the distribution of the pelagic Polychaeta of the southwest Atlantic regions.