17 CFR 240.11d2-1 – Exemption from Section 11(d)(2) for certain broker-dealers effecting transactions for customers security futures products in futures accounts
Current as of: 2024 | Check for updates
|
Other versions
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)).