{"data":{"id":"us/17-cfr-240.11d2-1","jurisdiction":"us","citation":"17 CFR 240.11d2-1","heading":"d2-1 Exemption from Section 11(d)(2) for certain broker-dealers effecting transactions for customers security futures products in futures accounts.","body":"A broker or dealer registered pursuant to section 15(b)(1) of the Act (15 U.S.C. 78o(b)(1)) that is also a futures commission merchant registered pursuant to section 4f(a)(1) of the Commodity Exchange Act (7 U.S.C. 6f(a)(1)), to the extent that it effects transactions for customers in security futures products in a futures account (as that term is defined in § 240.15c3-3(a)(15)), is exempt from section 11(d)(2) of the Act (15 U.S.C. 78k(d)(2)).","path":["Title 17—Commodity and Securities Exchanges","CHAPTER II—SECURITIES AND EXCHANGE COMMISSION","PART 240—GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934","Subpart A—Rules and Regulations Under the Securities Exchange Act of 1934"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-17.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:31Z","sha256":"0c56f9f0a8fdfdfa9f5c098c7fd7efaebd4cd428a69494909a8138c6c966fee7","source_id":"us-cfr","stale":true,"prev":"us/17-cfr-240.11d1-2","next":"us/17-cfr-240.12a-4"},"notice":"GroundRules: Original legal text. Not legal advice."}