{"data":{"id":"us/17-cfr-300.304","jurisdiction":"us","citation":"17 CFR 300.304","heading":"Retained rights of brokers or dealers.","body":"(a) Nothing stated in these rules shall be construed to prejudice the right of a broker or dealer to any claim against the debtor's estate, or the right of the trustee to make any claim against a broker or dealer, with respect to a commitment of the debtor which was outstanding on the filing date, but (1) which is not described in § 300.300(c), or (2) which, although described in § 300.300(c), does not meet the requirements specified in § 300.301 or was not closed out of completed in accordance with § 300.302 or was not reported to the trustee in conformity with § 300.303 or was not supported by appropriate documentation.\n(b) Nothing stated in these rules shall be construed to prejudice the right of a broker or dealer to a claim against the debtor's estate for the amount by which the money difference due the broker or dealer upon a buy-in or sell-out may exceed the amount paid by the trustee to such broker or dealer.","path":["Title 17—Commodity and Securities Exchanges","CHAPTER II—SECURITIES AND EXCHANGE COMMISSION","PART 300—RULES OF THE SECURITIES INVESTOR PROTECTION CORPORATION"],"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":"86e4318246991de30563b14c05f0b2f2e91feb76dc6a47bc976e0971fe16668e","source_id":"us-cfr","stale":true,"prev":"us/17-cfr-300.303","next":"us/17-cfr-300.305"},"notice":"GroundRules: Original legal text. Not legal advice."}