17 CFR 37.1305: Valuation of financial resources.
Where this section sits in the code
- Title 17—Commodity and Securities Exchanges
- CHAPTER I—COMMODITY FUTURES TRADING COMMISSION
- PART 37—SWAP EXECUTION FACILITIES
- Subpart N—Financial Resources
No less than each fiscal quarter, a swap execution facility shall compute the current market value of each financial resource used to meet its obligations under §§ 37.1301 and 37.1303. Reductions in value to reflect market and credit risk (“haircuts”) shall be applied as appropriate.
Collected 2026-08-27T02:24:31Z. Source file · JSON