§ 22.4. Futures Commission Merchants and derivatives clearing organizations: Permitted Depositories.
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/us/cfr/t17/s§ 22.4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
Fed. Reg.×2
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