§ 22.4 - Futures Commission Merchants and derivatives clearing organizations: Permitted Depositories.

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- 2012-1033. Final rule. 2012-1033. Protection of Cleared Swaps Customer Contracts and Collateral; Conforming Amendments to the Commodity Broker Bankruptcy Provisions
- 2011-10737. Notice of proposed rulemaking. 2011-10737. Protection of Cleared Swaps Customer Contracts and Collateral; Conforming Amendments to the Commodity Broker Bankruptcy Provisions

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§ 22.4 Futures Commission Merchants and derivatives clearing organizations: Permitted Depositories.

In order for a depository to be a Permitted Depository:

(a) The depository must (subject to § 22.9) be one of the following types of entities:

(1) A bank located in the United States;

(2) A trust company located in the United States;

(3) A Collecting Futures Commission Merchant registered with the Commission (but only with respect to a Depositing Futures Commission Merchant providing Cleared Swaps Customer Collateral); or

(4) A derivatives clearing organization registered with the Commission; and

(b) The futures commission merchant or the derivatives clearing organization must hold a written acknowledgment letter from the depository as required by § 22.5 of this part.

                    
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§ 22.4 - Futures Commission Merchants and derivatives clearing organizations: Permitted Depositories.

§ 22.4 Futures Commission Merchants and derivatives clearing organizations: Permitted Depositories.