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Code · CFR · Title 17 — Commodity and Securities Exchanges · Part 1 — General Regulations Under the Commodity Exchange Act · § 1.28

§ 1.28. Appraisal of instruments purchased with customer funds.

68 words·~1 min read·/us/cfr/t17/s§ 1.28·

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Futures commission merchants who invest customer funds in instruments described in § 1.25 of this part shall include such instruments in segregated account records and reports at values which at no time exceed current market value, determined as of the close of the market on the date for which such computation is made. \[58 FR 10953, Feb. 23, 1993, as amended at 65 FR 78013, Dec. 13, 2000\]
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§ 1.28
Appraisal of instruments purchased with customer funds.
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