Code of Federal Regulations (Last Updated: April 5, 2024) |
Title 17 - Commodity and Securities Exchanges |
Chapter I - Commodity Futures Trading Commission |
Part 38 - Designated Contract Markets |
Subpart L - Financial Integrity of Transactions |
§ 38.600 - Core Principle 11.
Latest version.
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§ 38.600 Core Principle 11.
The board of trade shall establish and enforce:
(a) Rules and procedures for ensuring the financial integrity of transactions entered into on or through the facilities of the contract market (including the clearance and settlement of the transactions with a derivatives clearing organization); and
(b) Rules to ensure:
(1) The financial integrity of any:
(i) Futures commission merchant, and
(ii) Introducing broker; and
(2) The protection of customer funds.