17 CFR 170.2 – Membership restrictions (section 17(b)(2) of the Act)
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If it appears to the Commission to be necessary or appropriate in the public interest and to carry out the purposes of section 17 of the Act, a futures association may restrict its membership to individuals registered by the Commission in a particular capacity or to individuals doing business in a particular geographical region or to firms having a particular level of capital assets or which engage in a specified amount of business per year.
Terms Used In 17 CFR 170.2
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.