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

31 CFR 375.11: Who may participate in a redemption operation?

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Where this section sits in the code
  1. Title 31—Money and Finance: Treasury
  2. Subtitle B—Regulations Relating to Money and Finance
  3. CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY
  4. SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE
  5. PART 375—MARKETABLE TREASURY SECURITIES REDEMPTION OPERATIONS
  6. 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

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