{"data":{"id":"us/12-cfr-349.20","jurisdiction":"us","citation":"12 CFR 349.20","heading":"Capital requirements.","body":"An FDIC-supervised insured depository institution offering or entering into retail forex transactions must be well capitalized as defined by 12 CFR part 324, unless specifically exempted by the FDIC in writing.","path":["Title 12—Banks and Banking","CHAPTER III—FEDERAL DEPOSIT INSURANCE CORPORATION","SUBCHAPTER B—REGULATIONS AND STATEMENTS OF GENERAL POLICY","PART 349—DERIVATIVES","Subpart B—Retail Foreign Exchange Transactions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"4b00dcce915188ea847bde27a7c68a5573816b5f6ef570bed618ed91eeda6aa4","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-349.19","next":"us/12-cfr-349.21"},"notice":"GroundRules: Original legal text. Not legal advice."}