§ 22.8 - Situs of Cleared Swaps Customer Accounts.  


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  • § 22.8 Situs of Cleared Swaps Customer Accounts.

    The situs of each of the following shall be located in the United States:

    (a) Each FCM Physical Location or DCO Physical Location;

    (b) Each “account,” within the meaning of § 22.2(f)(1), that a futures commission merchant maintains for each Cleared Swaps Customer; and

    (c) Each Cleared Swaps Customer Account on the books and records of a derivatives clearing organization with respect to the Cleared Swaps Customers of a futures commission merchant.