31 CFR 375.11: Who may participate in a redemption operation?
Where this section sits in the code
- Title 31—Money and Finance: Treasury
- Subtitle B—Regulations Relating to Money and Finance
- CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY
- SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE
- PART 375—MARKETABLE TREASURY SECURITIES REDEMPTION OPERATIONS
- Subpart B—Offering, Certifications, and Delivery
(a) Submitters. To be a submitter, you must be:
(1) An institution that the Federal Reserve Bank of New York has designated as a primary dealer; or
(2) An entity approved by the Treasury Department to participate directly in redemption operations.
(b) Others. A person or entity other than a submitter may participate only if it arranges to have an offer or offers submitted on its behalf by a submitter.
Collected 2026-08-27T02:25:25Z. Source file · JSON