{"data":{"id":"us/17-cfr-37.1305","jurisdiction":"us","citation":"17 CFR 37.1305","heading":"Valuation of financial resources.","body":"No less than each fiscal quarter, a swap execution facility shall compute the current market value of each financial resource used to meet its obligations under §§ 37.1301 and 37.1303. Reductions in value to reflect market and credit risk (“haircuts”) shall be applied as appropriate.","path":["Title 17—Commodity and Securities Exchanges","CHAPTER I—COMMODITY FUTURES TRADING COMMISSION","PART 37—SWAP EXECUTION FACILITIES","Subpart N—Financial Resources"],"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":"84039511a56b489a1fcf5d046d3cece0e090bdeca7699d80c80c760a6adcd49a","source_id":"us-cfr","stale":true,"prev":"us/17-cfr-37.1304","next":"us/17-cfr-37.1306"},"notice":"GroundRules: Original legal text. Not legal advice."}
