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Federal regulations · Through 2026-08-25 · Newer source version available

17 CFR 1.72: Restrictions on customer clearing arrangements.

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Where this section sits in the code
  1. Title 17—Commodity and Securities Exchanges
  2. CHAPTER I—COMMODITY FUTURES TRADING COMMISSION
  3. PART 1—GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT

No futures commission merchant providing clearing services to customers shall enter into an arrangement that:

(a) Discloses to the futures commission merchant or any swap dealer or major swap participant the identity of a customer's original executing counterparty;

(b) Limits the number of counterparties with whom a customer may enter into a trade;

(c) Restricts the size of the position a customer may take with any individual counterparty, apart from an overall limit for all positions held by the customer at the futures commission merchant;

(d) Impairs a customer's access to execution of a trade on terms that have a reasonable relationship to the best terms available; or

(e) Prevents compliance with the timeframes set forth in § 1.74(b), § 23.610(b), or § 39.12(b)(7) of this chapter.

Collected 2026-08-27T02:24:31Z. Source file · JSON

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