{"data":{"id":"us/12-cfr-349.26","jurisdiction":"us","citation":"12 CFR 349.26","heading":"Supervision.","body":"(a) Supervision by the FDIC-supervised insured depository institution. An FDIC-supervised insured depository institution engaging in retail forex transactions shall diligently supervise the handling by its officers, employees, and agents (or persons occupying a similar status or performing a similar function) of all retail forex accounts carried, operated, or advised by at the FDIC-supervised insured depository institution and all activities of its officers, employees, and agents (or persons occupying a similar status or performing a similar function) relating to its retail forex business.\n(b) Supervision by officers, employees, or agents. An officer, employee, or agent of an FDIC-supervised insured depository institution must diligently supervise his or her subordinates' handling of all retail forex accounts at the FDIC-supervised insured depository institution and all the subordinates' activities relating to the FDIC-supervised insured depository institution's retail forex business.","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":"8395797fdcae5a6f30567df83ec09df411ee2c084b7b881b405df843a33dc065","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-349.25","next":"us/12-cfr-349.27"},"notice":"GroundRules: Original legal text. Not legal advice."}